PR needs Chinese recipes | Pakistan Today

PR needs Chinese recipes

Acting President Khyber Pakhtunkhwa Chamber of Commerce and Industries (KPCCI), Ziaul Haq Sarhadi on Wednesday welcomed the proposed plan of China regarding reforms in Pakistan Railways (PR) and making it a profitable organization.
In a press statement issued here, Sarhadi who is also board member of the joint Pakistan and Afghanistan’s Chamber of Commerce and Industries urged the government to make practical efforts its quick implementation. He said it would make the railways a profitable organization and there would be no need for bailout package. He claimed at the moment PR has a deficit of Rs 7 billion annually and still the organization awaits release of Rs 11 billion under the government’s approved bailout package.
He said China has always supported Pakistan in every difficult situation and the plan presented by China would help increase the annual income of PR up to Rs 31 billion.
This would help the railways to earn pure profit for 45 years’ he informed. Under the China plan, he said an electric train from Peshawar to Karachi and Rori to Quetta would be run and 240 engines would be included in railways system.
This would also help bring back the share of 80 percent goods under the Afghan transit trade shifted to Bandar Abbas, through Pakistan’s rout and railways will earn upto Rs. 20 billion under this head annually. He demanded massive allocation for railways in the upcoming budget. He said that the proposed China plan is suited for Pakistan as all its expenditure would bear by the friendly country.

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