China offers investment of $3.8bn for PR

[Muhammad Omar]

LAHORE: Chinese Vice Minister for Transport Lu DongFu has said that Peoples Republic of China will contribute all out resources for up-gradation of Pakistan Railways (PR).

Addressing a joint meeting of a 13-member delegation of Chinese official and PR officers at PR headquarters here on Tuesday, he said that China was willing to invest more than $3.8 billion in the railways sector.

He said that Pak-China friendship was time-tested and based on true cooperation, adding that China wanted to help the PR for developing all sections including locomotives, signalling, communication and track.

He assured that all out cooperation would be offered for the betterment of the Pakistan Railways.

He thanked the PR administration for warm welcome and said the reception by the PR would be remembered for years.

Representatives of China Eryuan Engineering group gave a briefing on the feasibility study report of the PR and recommended several suggestions for up-gradation of Karachi-Havelian (ML1) track.

On the occasion, PR Chief Executive Officer Javiad Anwar Boobak acknowledged the cooperation of China and said that Pakistan and China have been working for years.

He said China cooperation in the improvement of the PR was an example of true friendship which could never be shaken.

Earlier, the PR CEO welcomed the Chinese guests at Lahore Railway Station where children presented them bouquets.

Later, he along with the Chinese delegation and PR officers visited PR Locomotive Workshop.

The PR CEO briefed the guests about the manufacturing, rehabilitation and capacity of the shop on which the Chinese Minister offered cooperation in the locomotive manufacturing and rehabilitation.

 

[My-Analogous]

LAHORE: Chinese Vice Minister for Transport Lu DongFu has said that Peoples Republic of China will contribute all out resources for up-gradation of Pakistan Railways (PR).

Addressing a joint meeting of a 13-member delegation of Chinese official and PR officers at PR headquarters here on Tuesday, he said that China was willing to invest more than $3.8 billion in the railways sector.

He said that Pak-China friendship was time-tested and based on true cooperation, adding that China wanted to help the PR for developing all sections including locomotives, signalling, communication and track.

He assured that all out cooperation would be offered for the betterment of the Pakistan Railways.

He thanked the PR administration for warm welcome and said the reception by the PR would be remembered for years.

Representatives of China Eryuan Engineering group gave a briefing on the feasibility study report of the PR and recommended several suggestions for up-gradation of Karachi-Havelian (ML1) track.

On the occasion, PR Chief Executive Officer Javiad Anwar Boobak acknowledged the cooperation of China and said that Pakistan and China have been working for years.

He said China cooperation in the improvement of the PR was an example of true friendship which could never be shaken.

Earlier, the PR CEO welcomed the Chinese guests at Lahore Railway Station where children presented them bouquets.

Later, he along with the Chinese delegation and PR officers visited PR Locomotive Workshop.

The PR CEO briefed the guests about the manufacturing, rehabilitation and capacity of the shop on which the Chinese Minister offered cooperation in the locomotive manufacturing and rehabilitation.

Avail it without second thought

 

[Neutron]

Good

 

[AZADPAKISTAN2009]

But our engines will not run on the old tracks , then we will build electric engines and then sell them off and then sell the scrap for money

 

[Viper0011.]

But our engines will not run on the old tracks , then we will build electric engines and then sell them off and then sell the scrap for money

Is that what happened to the Metro Bus? Tarbela extension? Mangla extension? Motorways and associated extensions, Danish school systems, many medical colleges and campuses opened up? New airports, new Railways (actually profitable), the Stock Market??? I didn't think so!!!

 

[B+ Dracula]

China is behaving like CAPITALISTIC SOCIETY....Bcoz they're investing in other countries ....and purchasing the hard debt of EU and America to indirectly support their Exports
.
Publicly they're known to be COMMUNIST but willy-nilly they've to accept the reality...they behave like CAPITALISM

 

[Dalit]

I like it. Keep the investments coming!

 

[flameboard]

at what cost? Forieng help is great but most of the times it's a carrot and stick situation. China is a huge ally for Pakistan, but at the end of the day Like any other country the people who run are in the interest of making money, or gaining control of something.

 

[Wolfhound]

Avail it without second thought

Exactly! The current condition of our railways is shit or even worse. Plus they are also needed in the time of war for transportation.

 

[Fracker]

With this much investment, PR can put even wings on the engines to fly.

 

[ACE OF THE AIR]

But our engines will not run on the old tracks , then we will build electric engines and then sell them off and then sell the scrap for money

According to various reports on agreements (published in various news papers) it is known that the old train tracks were restricted to 70KPH and that was the reason the new Chinese Engines were having problem. In the past year PR along with Chinese experts have upgraded these tracks and now the speed limit has increased to 120KPH.

In the recent visit it was thought that PR would now get a new set of agreements which would further improve the tracks and the speed would further increase to 170KPH. Along with the possibility of laying of new High Speed Tracks which would have speeds of well over 350KPH. These trains and engines are supposed to be manufactured in Pakistan but before that the China intends to make up the required engineers i.e. numbers and experience hence they are investing in the up-gradation of the existing facilities of PR.

Let me add PR has been manufacturing electric engines for a very long time. Remember Trams that were used in Karachi and Lahore were electric and the Japanese had a rail service that used electric engine between Lahore and Islamabad.

China is behaving like CAPITALISTIC SOCIETY....Bcoz they're investing in other countries ....and purchasing the hard debt of EU and America to indirectly support their Exports
.
Publicly they're known to be COMMUNIST but willy-nilly they've to accept the reality...they behave like CAPITALISM

"Communism is the first step toward Capitalism" or something like this was stated by Karl Marx.