ISLAMABAD: Special Assistant to the Prime Minister on Information and Broadcasting Lt Gen (retd) Asim Saleem Bajwa has said Executive Committee of the National Economic Council (ECNEC) has approved $6.806 billion transformational railway project.
On a social media website Twitter, he said “Update ML-1: Alhamdolillah, ECNEC has approved the transformational railway project at a cost of $6.806bn from Peshawar to Kci (1872 KMs) including Havelian Dry Port and upgrading Walton Academy. ”
Update ML-1:Alhamdolillah, ECNEC has approved the transformational railway project at a cost of$ 6.806 Bn from Peshawar to Kci(1872 KMs) including Havelian Dry Port and upgrading Walton Academy . #cpec #CPECMakingProgress #pakistanmakingprogress
— Asim Saleem Bajwa (@AsimSBajwa) August 5, 2020
Railways Minister Sheikh Rashid Ahmed, in a video message on his Twitter handle, said that the ML-1 would be a crossing-free track and reduce the travel time from Karachi to Lahore to seven hours and from Lahore to Rawalpindi to 2.5 hours. “The ML-1 is very important for reducing railway accidents,” he added.
He said that the project would allow trains to ply at a speed of 160 kilometers per hour, adding that 150,000 people would work on this project.
The minister also said that ML-1 was a revolutionary project and it would revamp the entire structure of the Pakistan Railways.
اسلام آباد۔ 5 اگست
مشیر خزانہ عبدالحفیظ شیخ کی زیر صدارت ایکنک اجلاس سے ریلوے کا تاریخ ساز ایم ایل ون منصوبہ منظور – وزیر ریلوے شیخ رشید احمد کا ویڈیو بیان جاری۔ pic.twitter.com/3hqSFY2nHp
— Sheikh Rashid Ahmed (@ShkhRasheed) August 5, 2020
On Tuesday, Asim Saleem Bajwa has said that the financial closes of 330 Megawatts (MW) Thar Block-2 power plant was expected in September end.
On a social media website Twitter, he said the project to be executed by Thal Nova and HUBCO was launched recently with an Investment of $ 500 million.
Bajwa further said that it has created 305 local jobs so far, adding that the project was being pushed by the company’s own equity to prevent time loss.
Update:Thar Block-2,another 330 MW Power Plant,Thal Nova-HUBCO launched recently,Investment $ 500 M, local jobs 305 so far,financial close expected end September-project being pushed by Company’s own equity to prevent time loss. #cpec #CPECMakingProgress #pakistanmakingprogress pic.twitter.com/BGBXEHKqjL
— Asim Saleem Bajwa (@AsimSBajwa) August 4, 2020
