The Executive Committee of the National Economic Council (ECNEC) had approved ML-1 at an estimated cost of $6.806 Billion on the 90:10% cost-sharing basis by the China and Pakistani side.
The ECNEC had basically three different components of the ML-1 project including package-I of ML-I at the cost of US$ 2.7 billion which include Nawabshah-Rohri Section (183 Km), Multan-Lahore Section (339 Km), Lahore-Lalamusa Section (132 Km), Kaluwal-Pindora Section (52 Km) and up-gradation of Walton Railway Academy at Lahore.
Under Package-II, the cost of $2.67 billion was approved for up-gradation of Kiamari-Hyderabad Section (182 Km) and Hyderabad-Multan Section (566 Km) excluding work done on Nawabshah-Rohri Section in Package-I.
While under Package-III, the ECNEC approved a cost of $1.42 billion for construction of Lalamusa-Rawalpindi Section (105 Km), Rawalpindi – Peshawar Section (174 Km), and establishment of a dry port near Havelian.
This project includes up-gradation and doubling of Main Line-1 (ML-1) from Karachi to Peshawar and Taxila to Havelian 1,733 km in length. A new track will be laid subgrade for 160 km/hr. Major bridges will be constructed and rehabilitated. The speed of trains will be increased from 65-105 km/h to 120-160 km/h. All tracks will be fenced. This project will be supervised by International Supervising Agency. Also, a dry port will be established near Havelian. The work will be carried out by financing through the Chinese Government Concessional Loan (GCL). It will create 24,000 total jobs opportunities during the construction of the project
The feasibility of this project is completed. The framework agreement on ML-1 was signed on May 15th, 2017 during the visit of Pakistani PM to China. The Commercial Contract for Preliminary Design was signed on 15th May 2017 and PC-1 approved by ECNEC on 5th August 2020. ML-1 Project is declared as ‘Strategic’ by the 6th JCC (Joint Cooperation Committee ) in Beijing.
For more details visit;
http://cpec.gov.pk/project-details/30
The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia.…
Parliamentary and presidential systems are two types of government systems that have been adopted by…
According to Financial Times; “The real challenge for Muslim nations is economic.” Financial Times The…
The person who leads or commands a group, organization or country. Present Pakistani leaders raise…
What is Media? Media is a vehicle or means of communication that disseminates information from…
There are many factors that have endangered fault lines that have endangered socio economic development…