ISLAMABAD: The Senate was informed on Tuesday that ML-1 will be upgraded from Peshawar to Karachi under China-Pakistan Economic Corridor (CPEC) Project.
Federal Minister for Railways Sheikh Rashid told the Senate during question hour that this project will see replacement of existing track with new one and the installation of new signaling system. He said feasibility study is being carried out to revive Peshawar-Torkham rail track.
He said the feasibility study will be completed in a period of three months. He said we have increased freight trains from eight to twelve. He said Pakistan Railways is playing a vital role in the transportation of goods across the country.
Recently, it has transported imported fertilizer to different parts of the country for the Ministry of Industry and Production.
He said other private companies are also approaching Pakistan Railways for the transportation of fertilizer from ports to the upcountry. He said that there is also a plan to lay track at Thar on built operate and transfer basis.
Responding to a calling attention notice moved by Siraj-ul-Haq, Leader of House in the Senate Shibli Faraz said international increase in the prices of petroleum products and devaluation of currency has led to increase in the prices of petrol, diesel and LNG in the country.
He, however, said that our petrol and diesel prices are still lower than those in India and Bangladesh.