Karachi Circular Railway project cost increases by $1 billion

Tokyo: Pakistan Japan Business Council (PJBC) President Rana Abid Hussain has asked Prime Minister Imran Khan to expedite the delivery of $2.5 billion Karachi Circular Railway project.

invest with imarat

Islamabad’s emerging city centre

Learn More

Japan presented this project to Pakistan 10 years ago as a solution to resolve traffic chaos in Karachi. Lack of efficient governance however, has led to a failure in implementation.

With a cost of $1.5 billion in 2009, the delay has now increased the cost to $2.5 billion.

Rana Abid Hussain has requested the Federal Minister for Railways Sheikh Rashid to be a part of the project while calling for the PM to start it on priority basis.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

CDA Reviews Development Projects, Launches Initiatives to Boost Tourism in Islamabad

ISLAMABAD: Chairman Capital Development Authority (CDA), Muhammad Ali Randhawa, chaired a comprehensive review meeting on…

3 days ago

CDA Requests Additional Rs2 Billion Grant to Continue 10th Avenue Development

ISLAMABAD: The Capital Development Authority (CDA) is looking to the federal government for an additional…

1 week ago

Islamabad’s Capital Hospital to Be Upgraded Under CDA-ADB Agreement

ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…

2 weeks ago

CDA to Issue Possession Letters for E-12 Sector After Eid

Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…

2 weeks ago

Graana.com Announces Property Festival 2025 to Revitalize Islamabad’s Real Estate Sector

Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…

3 weeks ago

Graana.com Proudly Partners with IAP for Graana Property Festival 2025

Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…

3 weeks ago