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ISLAMABAD, Feb 10 (APP): Pakistan Railways on Saturday speed train signed an agreement with an Austrian and Spanish based consortium to carry out feasibility study for running of a high speed train between Rawalpindi and Lahore.
The document for conduct of feasibility study for laying of high speed track, to be completed in nine months was signed at the Ministry of Railways here.
Minister for Railways Sheikh Rashid Ahmed and Secretary and Chairman Railways Shakil Durrani witnessed the striking of the agreement which was signed by General Manager Railways Assad Saeed while the consortium - M/s M R Consult - was represented by its Managing Director Mr. Santiago.
Officials from the embassies of Austria and Spain also were present there to witness the signing ceremony.
Pakistan Railways has planned to start high speed train between Rawalpindi and Lahore before 2010. The train is estimated to run at a pace of 250 to 300 kilometres per hour.
M/S M R Consult is the firm which has won the contract for quoting lowest rates of Rs 23.97 million among the total eight bidding companies drawn from USA, China, France, Sweden, Austria and Spain.
http://www.app.com.pk/en/index.php?option=com_content&task=view&id=3623&Itemid=2
The document for conduct of feasibility study for laying of high speed track, to be completed in nine months was signed at the Ministry of Railways here.
Minister for Railways Sheikh Rashid Ahmed and Secretary and Chairman Railways Shakil Durrani witnessed the striking of the agreement which was signed by General Manager Railways Assad Saeed while the consortium - M/s M R Consult - was represented by its Managing Director Mr. Santiago.
Officials from the embassies of Austria and Spain also were present there to witness the signing ceremony.
Pakistan Railways has planned to start high speed train between Rawalpindi and Lahore before 2010. The train is estimated to run at a pace of 250 to 300 kilometres per hour.
M/S M R Consult is the firm which has won the contract for quoting lowest rates of Rs 23.97 million among the total eight bidding companies drawn from USA, China, France, Sweden, Austria and Spain.
http://www.app.com.pk/en/index.php?option=com_content&task=view&id=3623&Itemid=2