Summary
- During the meeting, Dar instructed the relevant ministries and financial institutions to examine different financing options for railway development.
- The meeting reviewed various financial arrangements and operational models designed to upgrade railway infrastructure while improving the organisation’s long-term financial sustainability.
- The discussions focused on identifying workable funding arrangements and operational strategies that could support the modernisation of Pakistan Railways and strengthen its role in national development and regional trade connectivity.
ISLAMABAD: Deputy Prime Minister Ishaq Dar has stressed the importance of developing a modern, efficient and financially sustainable railway system saying it is essential for strengthening Pakistan’s economic integration and improving regional connectivity.
During the meeting, Dar instructed the relevant ministries and financial institutions to examine different financing options for railway development. He particularly emphasised exploring commercial bank financing for the Main Line-1 (ML-1) project’s Rohri-Multan section to help ensure its implementation.
The meeting reviewed various financial arrangements and operational models designed to upgrade railway infrastructure while improving the organisation’s long-term financial sustainability.
Participants also discussed several restructuring options including Public-Private Partnerships (PPPs), financing through domestic banks and support from international funding institutions.
The discussions focused on identifying workable funding arrangements and operational strategies that could support the modernisation of Pakistan Railways and strengthen its role in national development and regional trade connectivity.
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