ISLAMABAD: The formal negotiations on the expansion and reconstruction of the Karachi-Peshawar Line (ML-1) will be discussed in the upcoming 9th joint cooperation committee (JCC) on CPEC, which will be held in Islamabad on November 6.
Along with deliberations on the western route of the corridor, other projects to be discussed include agriculture, energy, housing and tourism.
While addressing a press conference earlier, the Federal Minister for Planning, Development and Reforms Makhdum Khusro Bakhtyar said that arriving for the inauguration of 300 MW power plant, Vice Chairman of National Development and Reform Commission (NDRC) of China would be taken to Gwadar on November 4 (today).
To further speed up the progress on free trade zone and airport at Gwadar, concession agreements have been signed.
The joint press conference was attended by Energy Minister Omar Ayub Khan, Railway Minister Shaikh Rasheed Ahmad and Special Assistants on Petroleum and information Nadeem Babar and Firdous Ashiq Awan.
Under the ML-1 project of CPEC, a railway track of 1872-km from Karachi to Peshawar will be replaced. The financing plans will be discussed under the formal negotiations after a feasibility study of the ML-1 project is submitted, which will be finalised as the government will hire an International consultant for firming up the final cost estimation of the project.
The completion of the project will take about 7 years.
For news and blogs, visit Graana.com.
MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…
ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…
As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…
Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…
As Los Angeles County grapples with the aftermath of some of the most destructive fires…
On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
