#ECNEC approved revival of the #Karachi Circular Railway (KCR) under #CPEC with 311 Billion Rs.It will be completed in 2020
The project to revive the KCR includes the construction of 24 stations, procurement of 162 locomotives each with a capacity of 250 passengers. The project is expected to serve the commuting needs of 515,000 passengers each day, and is projected to be completed in three years — towards the end of 2020. China will provide a major portion of the financing required for the project. The locomotives will run at an average speed of 45-50 km per hour, and the projected ridership is expected to increase to 750,000 by the year 2030, per day and 915,000 by 2040.
The Executive Committee of the National Economic Council (Ecnec) on Friday approved nine development projects at a cost of Rs311 billion, including the revival of the Karachi Circular Railway (KCR), which will be constructed under the China-Pakistan Economic Corridor (CPEC) framework.