
PM Shehbaz receives a presentation on initiatives to improve Pakistan Railways.—APP • ADB approves $10m for railway improvement project • PM for adopting public-private partnership for rail land ISLAMABAD: With the Asian Development Bank (ADB) approving $10 million in assistance for preparing the Railway Improvement Project, Pakistan Railways is moving to outsource 11 more trains, a step expected to generate an additional Rs8.5bn for the country’s largest state-owned rail operator. Prime Minister Shehbaz Sharif chaired a meeting on Pakistan Railways on Saturday, where he was informed that tenders had been floated for outsourcing the eleven passenger trains to the private sector. Pakistan Railways has already outsourced four trains. The meeting was also informed that railway hospitals in Lahore, Karachi, Multan, Peshawar, Quetta and Sukkur were being outsourced, while the outsourcing of railway schools, colleges and rest houses was already underway. Similarly, dry ports in Islamabad, Lahore and Azakhail were ...