KARACHI: The Sindh government and Pakistan Railways on Wednesday agreed over a framework for Karachi Circular Railway (KCR) project in a meeting between the provincial chief minister and the railways minister.
Chief Minister Murad Ali Shah and Federal Minister for Railways Sheikh Rasheed reached a decision in a meeting here.
“Sindh government agreed to provide 15 per cent of the KCR, which is Rs40 billion,” Murad Ali Shah said. The government is determined to build the KCR, he said.
The Planning & Development chairman has said that 24 railway stations will be built for the KCR project.
The government is also considering giving compensation to over 4,600 people who are likely to be affected in the implementation of the project.
The railways minister said that check posts have been built over the railway land after removal of encroachments.
It was also decided to begin marking the right of way of KCR project.
The chief minister and railways minister also decided to form a committee over the matter.
The Sindh government and the railways will build the KCR jointly, Rasheed later told the media.
The authorities will remove encroachments from a 50 feet wide belt along the railway track. “We have also decided the mechanism of resettlement of those who will be affected in the project,” Rasheed said.
The KCR is a China-Pakistan Economic Corridor (CPEC) project and its work will begin after the release of two billion dollars fund from China, the minister said.
He said that the federal and provincial governments and have agreed over five points and both sides will release Rs10 billion each for the project. “We have no differences over KCR project,” the railways minister said.
“Sindh and the Centre are on the same page over the KCR project,” he added.