Pakistan railways outsources 5 trains in Rs10.75bn deal

Hadia Batool
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Hadia Batool
Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.
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Summary

  • Pakistan Railways has outsourced the commercial management of five passenger trains to private partners under a public-private partnership model in a deal worth approximately Rs10.75 billion.
  • Federal Minister for Railways Hanif Abbasi said that Pakistan Railways is expected to generate more than Rs100 billion in revenue during the current year for the first time in its history.
  • Pakistan Railways also expects to earn more than Rs10 billion from the outsourcing of freight train operations during the next fiscal year, reflecting the government’s broader strategy to improve efficiency and increase revenue through private sector participation.
AI Generated Summary

Pakistan Railways has outsourced the commercial management of five passenger trains to private partners under a public-private partnership model in a deal worth approximately Rs10.75 billion.

Federal Minister for Railways Hanif Abbasi said that Pakistan Railways is expected to generate more than Rs100 billion in revenue during the current year for the first time in its history. He added that efforts are underway to further improve the railway sector and that more positive developments are expected in the coming months.

According to a spokesperson for Pakistan Railways, the outsourcing of the five trains has been completed successfully. Previously, these trains were generating around Rs8 billion in revenue, but the new arrangement is expected to significantly increase earnings.

The spokesperson said that Awam Express, Millat Express, Karakoram Express, Mianwali Passenger, and Narowal Passenger trains will now be operated under the public-private partnership framework.

Pakistan Railways also expects to earn more than Rs10 billion from the outsourcing of freight train operations during the next fiscal year, reflecting the government’s broader strategy to improve efficiency and increase revenue through private sector participation.

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Hadia Batool is Web Editor of Minute Mirror. She can be reached at bhadia624@gmail.com.