Pakistan Railways is soon starting three new train services. These are between, Kohat-Rawalpindi, Karachi-Mirpurkhas, and Sibbi-Khost. The Ministry of Railways plans to launch it in the recent fiscal year.
An official in Ministry of Railways said, “At present, 104 passengers and 60 trains, including 12 freight trains, are operative in the system per day.”
Also read: Pakistan Railway trains will be upgraded
He answered a query saying that in 2013-14, the railway deficit was Rs33.50 billion. It was brought down to Rs32.35 billion. It has been brought down by reducing expenditure and increasing revenue.
He informed that in subsequent years the deficit was brought down further. In 2014-2015 the deficit was reduced to Rs27.246 while in 2015-16 it was brought down to Rs26.993 billion respectively. The details of the recent fiscal year, 2016-2017 are being finalized. He said that deficit would have increased this year as salaries were increased along with the pension.
He answered another question confirming that Pakistan Railways has initiated a project to upgrade Main Line-1(Peshawar to Karachi) and develop a new dry port near Havelian. These projects will be done under the banner of China-Pak Economic Corridor (CPEC).
The official also informed that the preliminary design of the project is being reviewed and the work will start early next year. The project includes upgrading the railway system from Peshawar to Karachi which includes “Taxila to Havelian section having a speed of 160/120 km/hr, modern signaling system, upgraded stations and rolling stock.”
To implement the project a framework has been made and agreed upon. It has been signed between the government of China and Pakistan on May 2017.