Imran Khan, governor, CM and ministers pray after the groundbreaking ceremony of KCR project in Karachi on Monday.
Pakistan’s Prime Minister Imran Khan performed the groundbreaking of Karachi Circular Railway (KCR) project worth Rs207 billion in Karachi on Monday.
Addressing the ceremony, he said federal and provincial governments will have to work jointly to address issues of Karachi. He said water shortage is a big challenge of Karachi and the K-4 project will help resolve this issue.
Imran said Karachi is the economic hub of the country and we have to design more projects for the city to cope with growing population and transport issues.
In line with the vision of the federal government to modernise the public transport in Karachi, the circular railway is not only being rehabilitated but also being expanded and modernised.
The thirty stations of the modern circular railway will link residential, industrial and office areas. This will not only reduce the flow of traffic in Karachi but also facilitate the passengers.
A Pakistan Railways spokesman said the track of KCR will be built without crossings on which trains would run at the speed of 80 kilometres per hour while each train would have the capacity of 814 passengers.
Sindh Governor Imran Ismail said that the Rs207 billion mega project will be completed in three years, adding that 16 stations would be built along the 43kilometre-long track.
He said that Green Line Bus Service will also be operationalised next month and the K-4 water supply project will be completed by the end of 2023.
"Inclusion of Karachi Comprehensive Coastal Development Zone in CPEC [China-Pak Economic Corridor] is game changer. Will cleanup our marine habitat for fishermen, develop 20k low income housing units & present opportunities for investors. Will put Khi (Karachi) at par with developed port cities,” the premier posted on his official Twitter handle.
Under the new initiative, each family in KP would be provided with a health card facilitating them with free of cost medical treatment amounting to Rs1 million at public and private hospitals in the province.
Remittances from overseas Pakistanis during December 2020 rose by 16.2 per cent year-on-year to $2.436 billion, compared to $2.097b in December 2019, clocking in above $2b mark for the seventh consecutive month, according to the latest data released by the State Bank of Pakistan.
The scheme will cost the government Rs450 billion and will provide free medical treatment to the people at government and private hospitals. Each family can avail treatment worth Rs1 million annually.
In a tweet, Imran said he had a "great meeting" with the Chinese president. "We agreed to further enhance our strategic and economic relations and to fast track the second phase of the China-Pakistan Economic Corridor," he said.
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