Shahid Aziz, the CEO of Pakistan Railways, reported that the department achieved operational profits of Rs775 million from July to September.During a recent discussion, Aziz highlighted an impressive 86% growth in revenue, resulting in total earnings of Rs17.96 billion.
Aziz also discussed the collaborative ML-1 project with China, which aims to modernize and expand the railway network. Notably, the estimated cost for this significant infrastructure project has been reduced from $9.6 billion to $6.6 billion.
In addition, the CEO revealed ambitious plans to introduce 100 daily trains between Karachi and Peshawar to enhance transportation and trade across the country.
Furthermore, Aziz emphasized the railways’ commitment to reducing travel time between Karachi and Lahore from over 18 hours to just 12 hours, promising improved efficiency and convenience for passengers.
