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KP, Chinese company sign MoU worth $1.6b for circular railway project

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KP govt, Chinese company sign MoU worth $1.6b for circular railway project

kp-govt-chinese-company-sign-mou-worth-16b-for-circular-railway-project-a743485716b7832f5db5d9643399e6aa.jpg

PESHAWAR: The provincial government of Khyber Pakhtunkhwa (KP) signed the Circular Railway Project worth $1.6 billion WITH China Communication and Construction Company Ltd here at the chief minister’s secretariat.

The project links Peshawar, Nowshera, Mardan, Charsadda with future expansion to Swabi and a speedy service from Peshawar to Islamabad. The chinese company in the deal is a public sector major construction company with expertise in rail communication and infrastructure development. It has undertaken and completed major projects in China and other countries as well.

A Memorandum of Understanding (MoU) was signed between the government of KP and the Chinese company regarding the inter districts circular railway project in the province. Special Assistant to Chief Minister for Transport, Malik Shah Muhammad Wazir and China Communications and Constructions Corporation, Ltd Country Head Waing Xiaoping formally signed the MoU.

Special Assistant to Chief Minister for Law, Arif Yousaf, Economic Zones Development and Management Company KP Chairman Ghulam Dastagir Akhtar, Mohsin Syed and other officers concerned were also present. According to the memorandum, the Chinese company would first conduct a feasibility study, inclusive of concept design and cost estimation. It would also prepare a technical and financial proposal and present to the provincial government in respect of the development of the project. It would provide a technical specification to the government for the soil investigation and survey as well.

The provincial government would be responsible for obtaining all approvals permits, land rights or other necessary permissions to enable the company to complete the feasibility work. The government would also facilitate the company to fulfill its obligations and responsibilities by providing available relevant local technical information and other necessary documents available in respect of the project.

Under the MoU, each party would be responsible for its own parts and expenses for the performance of its responsibilities and obligations. The speed of the train under the project would be 220 km/hour. It is a part of contributing to the overall transportation system and planned urbanisation.

It is being called as the major step of the provincial government towards mass transit integrating the major cities of the province. The project would have the space to be further expanded to areas and commercial hubs and industrial zones throughout the province. It is would also resolve the transportation problems and generate jobs leading to the overall economic revival of the province.



 
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This is a good start by PTI...they did take a while to get their head aroind things...

Now lets see if they can actually build it...(caz i have my doubts)
 
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$1.6 billion? This look like huge project.
 
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It is two at least two years late. I can see the incompetency of the Pervaiz Khattak. However it is a good project and it is a good step to get it done by a Chinese company since they have a reputation of completing projects in record time.
army was doing operations in neighbouring areas of the circular railway system,so the delays are acceptable.
 
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Now this is something interesting. That's the thing which will be a positive point for PTI however its too late.

Currently the feasibility is starting and after the feasibility is finished then the actual Price Tag will be known. I think if it is approved then it will still take 2-3 years to complete and the finishing date will be around 2020-22.

Lets see once the feasibility is finished.
 
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Good move by KP govt . I wish PTI start these developmental project way back in 2013 and Pervaiz Khattak not wasted time in Darna,s because he was elected C.M of KP first and then PTI.
By the way good move .keep it up
 
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Now this is something interesting. That's the thing which will be a positive point for PTI however its too late.

Currently the feasibility is starting and after the feasibility is finished then the actual Price Tag will be known. I think if it is approved then it will still take 2-3 years to complete and the finishing date will be around 2020-22.

Lets see once the feasibility is finished.

Better late then never. I'm pretty sure PTI will win next election in KPK again. They are doing good job there. Looks like PTI were able to bring real change in education and police.
 
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KP govt, Chinese company sign MoU worth $1.6b for circular railway project

kp-govt-chinese-company-sign-mou-worth-16b-for-circular-railway-project-a743485716b7832f5db5d9643399e6aa.jpg

PESHAWAR: The provincial government of Khyber Pakhtunkhwa (KP) signed the Circular Railway Project worth $1.6 billion WITH China Communication and Construction Company Ltd here at the chief minister’s secretariat.

The project links Peshawar, Nowshera, Mardan, Charsadda with future expansion to Swabi and a speedy service from Peshawar to Islamabad. The chinese company in the deal is a public sector major construction company with expertise in rail communication and infrastructure development. It has undertaken and completed major projects in China and other countries as well.

A Memorandum of Understanding (MoU) was signed between the government of KP and the Chinese company regarding the inter districts circular railway project in the province. Special Assistant to Chief Minister for Transport, Malik Shah Muhammad Wazir and China Communications and Constructions Corporation, Ltd Country Head Waing Xiaoping formally signed the MoU.

Special Assistant to Chief Minister for Law, Arif Yousaf, Economic Zones Development and Management Company KP Chairman Ghulam Dastagir Akhtar, Mohsin Syed and other officers concerned were also present. According to the memorandum, the Chinese company would first conduct a feasibility study, inclusive of concept design and cost estimation. It would also prepare a technical and financial proposal and present to the provincial government in respect of the development of the project. It would provide a technical specification to the government for the soil investigation and survey as well.

The provincial government would be responsible for obtaining all approvals permits, land rights or other necessary permissions to enable the company to complete the feasibility work. The government would also facilitate the company to fulfill its obligations and responsibilities by providing available relevant local technical information and other necessary documents available in respect of the project.

Under the MoU, each party would be responsible for its own parts and expenses for the performance of its responsibilities and obligations. The speed of the train under the project would be 220 km/hour. It is a part of contributing to the overall transportation system and planned urbanisation.

It is being called as the major step of the provincial government towards mass transit integrating the major cities of the province. The project would have the space to be further expanded to areas and commercial hubs and industrial zones throughout the province. It is would also resolve the transportation problems and generate jobs leading to the overall economic revival of the province.


It's need to be done in couple of years time so people of kpk give pti again chance to serve the province
 
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Aik dafa ka zikar hay aik admi nay kaha tha" metro train bananay say change nahi ata aur na hi taraqi hoti hay" he was saying motorways ,airports , and metro trains are waste of money now can some one tell me why they are doing same in their province. Motorway in swat metro in peshawar and underpasses in the city
 
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