Japanese government will finance 93% of KCR project

KCR RAILWAY TRACK

The Japanese government will announce in October that it will finance the much talked-about Karachi Circular Railway (KCR) project, said Ijaz Hussain Khilji, the managing director of Karachi Urban Transport Corporation (KUTC). The $1.558 billion project, which is considered to be vital for tackling the traffic woes of the city, has faced continuous delays as Pakistan’s government has focused on meeting immediate security concerns and economic challenges. “There is no reason for being disappointed now. Everything is moving ahead,” said Khilji. KCR, which is an attractive alternative to the congested public buses, will circle the city and cut travelling time by half. It will cater to about 700,000 people a day. Japan International Cooperation Agency…

Karachi Circular Railway will start in 2017

kcr

The Karachi Circular Railway (KCR) project is expected to kick off around June-July in 2013 and while it is hoped that the task would be completed by May-June 2017, such mega projects take time as several factors need thorough study and investigation, stated Managing Director Karachi Urban Transport Corporation (KUTC) Aijaz Hussain Khilji. He said the rehabilitation of the affected people was his department’s utmost priority, adding that all civic facilities would be provided so that their standard of life could be raised. He also assured that there were no big hurdles in the path of the Karachi Circular Railway project. Khilji said that a topographic survey was also performed on all concerned locations, while…

Work on Karachi Circular Railway will be Started in July

RAIL WAY TRACK

The work on the much-delayed Karachi Circular Railway will be started in July after a financial agreement is signed with a Japanese company which has been given the job of rehabilitating the existing track and extending it to other areas of the city. Briefing the Senate’s Standing Committee on Pakistan Railways here on Saturday, Ijaz Hussain Khilji of the Karachi Urban Transport Corporation, said that the 1558.8-million-dollar project will be completed by the end of 2016 and in 2017 it will be fully operational. Pakistan Railways Chairman Arif Azeem, the divisional superintendents for Karachi and Sukkur and other officials were present at the meeting. The KCR will have a 43.12-kilometre dual track with 24 stations…