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Punjab CM inaugurates Lahore’s much-delayed Orange Line Metro Train

09:04 AM | 25 Oct, 2020
Punjab CM inaugurates Lahore’s much-delayed Orange Line Metro Train

LAHORE – Punjab Chief Minister Sardar Usman Buzdar on Sunday inaugurated the operation of Orange Line Metro Train (OLMT) here on Sunday.

Addressing the inaugural ceremony, the Chief Minister said the China Pakistan Economic Corridor (CPEC) would further strengthen Pak-China bilateral relations. He thanked the Chinese government for extending support to provide world class transport facilities to the people of the provincial capital.

The CM invited Chinese companies and investors to invest in different sectors of the province.

He elaborated that installations and decorations at all 26 stations along 27.1 KM-long track had been completed, adding that automatic machines had been placed at the stations to check and recharge card balance.

Ticket boxes had also been made for those who do not possess cards, he said.

He said the Pakistan Tehreek-e-Insaf (PTI) government had set a new example by successfully completing the projects of previous government. He added that no development project would be politically victimized during present government tenure. He said that billions of public money had been saved by ensuring transparent tendering process of the OLMT.

The CM mentioned that the Punjab government was giving subsidy of billion of rupees annually to run the orange line train despite the current economic situation and limited resources.

Orange Line Metro

The Orange Line Metro Train under the CPEC started trial operations under the management of a Joint Venture (Norinco International Cooperation-Guangzhou Metro Group (GMG)-Daewoo Pakistan Express) led by Norinco International.

It will complete 27 kilometers of distance from Ali Town to Dera Gujran in 45 minutes.

With the launch of Orange Line, it is estimated that nearly 250,000 passengers will be facilitated with this service every day and the commuting time through the northern and southern urban areas of the city will be significantly reduced from 2.5 hours to 45 minutes.

It will pass through the congested areas of the city where more than 250,000 passengers will travel on a daily basis through this facility.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 23 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 23, 2024 (Friday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.45 for selling.

Euro comes down to 301 for buying and 304 for selling while British Pound rate stands at 351.5 for buying, and 355 for selling.

UAE Dirham AED hovers at 75.95 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 23 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279.5 282.45
Euro EUR 301 304
UK Pound Sterling GBP 351.5 355
U.A.E Dirham AED 75.95 76.7
Saudi Riyal SAR 74.25 75
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.60 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal ‎QAR 76.76 77.43
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.87
Thai Bhat THB 7.79 7.94

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