Saturday, November 16, 2024 08:55 PM
The federal government plans to upgrade the ML-1 railway project, enhancing connectivity between Karachi and Peshawar with a $6.678 billion investment.
ISLAMABAD - The federal government of Pakistan is set to embark on an ambitious plan to upgrade the ML-1 railway project, a significant initiative under the China-Pakistan Economic Corridor (CPEC). This project aims to enhance the railway connectivity between Karachi and Peshawar, facilitating both freight and passenger transport. With an estimated cost of $6.678 billion, the project is expected to be completed over a span of nine years, divided into two main phases and four packages.
During a recent briefing to the National Assembly Standing Committee, officials from the Ministry of Railways provided detailed insights into the project’s structure. The first phase will focus on upgrading a 929-kilometer link, which will be executed in two packages. The estimated cost for this phase is around $3.315 billion, and it is projected to be completed within five years. The first package will cover the Karachi to Hyderabad link, while the second will extend from Hyderabad to Multan.
As the committee convened under the chairmanship of acting chairperson Farhan Chishti, discussions centered on the importance of this railway upgrade for national development. The ML-1 project is not just about improving transportation; it is a vital component of Pakistan's economic growth strategy. The committee was informed that 85% of the funding for this project will come from China, with the remaining portion sourced from Pakistani equity.
In the second phase, which is expected to take four years, the remaining 796 kilometers of the railway will be upgraded. This phase will include two additional packages: the third package will focus on the Multan to Lahore link, while the fourth will develop the Lahore to Peshawar link and a dry port. This comprehensive approach aims to significantly reduce travel times and enhance the overall efficiency of the railway system.
During the meeting, committee members raised concerns regarding delays in fund allocation and the evolving role of the Public Works Department (PWD). The committee emphasized the need for clarity on the ministry’s operational scope, particularly regarding federal development schemes and budget allocations for high-priority projects. They also called for the immediate convening of a steering committee to finalize the direction and execution timelines for ongoing federal projects.
Furthermore, the planning ministry was tasked with providing a full update on all PWD-led projects, especially those aligned with the Sustainable Development Goals (SDGs). Detailed information on PWD projects in specific constituencies was also requested to ensure equitable and impactful federal allocations.
The ML-1 railway project represents a significant step forward in Pakistan's infrastructure development. By enhancing connectivity and reducing travel times, this project has the potential to stimulate economic growth and improve the quality of life for many citizens. As the government moves forward with this initiative, it is crucial to ensure transparency and efficiency in its execution, ultimately benefiting the nation as a whole.