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PM Imran breaks ground for KCR project in Karachi

10:49 AM | 27 Sep, 2021
PM Imran breaks ground for KCR project in Karachi

KARACHI – Prime Minister Imran Khan Monday performs the groundbreaking for the much-awaited Karachi Circular Railway (KCR) project.

Speaking at the ceremony, Khan said Karachi Transformation Plan will benefit the citizens as he referred to transport as a key component in the basic infrastructure of any metropolis. He also invited the provincial administration of Sindh to work together with the federal government to address the issues of Karachiites.

Federal Minister for Planning, Development, and Special Initiatives Asad Umar, Railways Minister Azam Khan Swati, Chief Minister of Sindh Murad Ali Shah, and Governor of Sindh Imran Ismail also attended the ceremony.

Pakistan’s financial hub was on its way to development in the 80s and was taking off but, unfortunately, its progress declined, Khan said while adding that the PTI government initiated the Karachi Transformation Plan, in collaboration with the Sindh government, to uplift the metropolis.

The center cannot resolve the issues of Karachi on its own, therefore, it is imperative for the provincial government to cooperate, he stressed.

Railways Minister Azam Khan Swati had issued a statement regarding the project saying it will be completed in three years against a cost of Rs207 billion.

The 29-kilometer track of KCR comprised 16 stations and 24 level crossings. Frontier Works Organisation (FWO) will lay the track for the KCR while automatic air-conditioned coaches will be run on the track, he said in the statement.

On Sunday, Sindh Governor Imran Ismail also revealed that the recent visit of the PM would bring a number of good news for ‘distressed’ Karachi citizens.

KCR is not the only project for which PM is visiting Karachi, Ismail said while mentioning that more good news are coming for the region. He also mentioned that Green Line bus services infrastructure has been completed, while buses have reached the city and we have also started the trial run of the buses.

The Karachi Circular Railway was initially planned to facilitate the employees of Pakistan Railways in Karachi’s eastern neighborhoods. It later turned into a full circle of more than 40 km in the ’70s and connected Karachi’s four main work areas including the port, the Sindh Industrial Trading Estate (SITE), the city’s central commercial areas, and the Landhi Industrial Area.

The project for the country’s financial capital worked perfectly till 1984 when the number of its trains was slashed. A number of reasons for rooted its shut down, including maintenance and repair, and the government’s inability to spend money on the improvement of tracks and stations. The operation ended in 1999, while thousands rush for buses as an alternate.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 17 April 2024

Pakistani currency saw minor adjustment against global currencies on April 17, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293.15 for buying and 296.1 for selling while British Pound stands at 344.25 for buying, and 347.6 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 17 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 293.15 296.1
UK Pound Sterling GBP 344.25 347.6
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 911.26
Malaysian Ringgit MYR 58.24 58.84
New Zealand Dollar NZD 164.75 166.75
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.07
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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