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10 May 2012:
The issues regarding to necessary investment in the circular railways
system would, however, not be an issue to the Pakistan railways authority
as the funds thus required would be arranged with the assistance of the
private sector. The project of Karachi Circular railway (KCR) would preliminary
cost $1.558 billion to be implemented through the JICA of Japan.
This was disclosed in a meeting held with Sindh Governor in Chair regarding
revival of Karachi Circular railways on Wednesday at Sindh Governor House.
According to sources, Sindh Governor Dr Ishrat Ul Ebad Khan while presiding
over a high level meeting assured that the impediments in the way of KCR
would be removed on priority basis. The Governor apprised himself
of the proposed timetable of this very project and stressed that it should
be initiated before June 2013 so that the people could get the relief.
5 March 2012:
The work on the much-delayed Karachi Circular Railway will be started
in July after a financial agreement is signed with a Japanese company
which has been given the job of rehabilitating the existing track and
extending it to other areas of the city.
Briefing the Senate’s Standing Committee on Pakistan Railways here on
Saturday, Ijaz Hussain Khilji of the Karachi Urban Transport Corporation,
said that the 1558.8 millions dollar project will be completed by the end
of 2016 and in 2017 it will be fully operational.
4 March 2012:
Senate Standing Committee on Pakistan Railways was told that the Karachi
Circular Railway (KCR) project will start this month and will be completed
in 2017. The cost of the project will be Rs 128.6 billion.
This was told in a meeting of standing committee held under chairmanship
of Senator Moulna Gul Naseeb. While other members Abdul Rashid, Professor
Muhammad Ibrahim, Abdul Ghaffar Qurishi. Railways DS Nazar Hussain Rizivi,
Secretary Railway attended the meeting.
He said that 941 acres of railways land was illegally occupied in the
city of Karachi. It has been decided that this occupied land of the railways
will be vacated. This process has been started in the city. Those who will
get affected in this operation will be compensated with plots in the Bin
Qasim area where 270 acres land has been obtained for the purpose. Every
family will be given a house and Rs 50,000 cash as they can shift from
railways land to there.
20 February 2012:
No re-lending charges will be levied by the federal government on
the over $1.457 billion Japanese government loan being obtained for the
Karachi circular railway project, said an official on Sunday.
Karachi Urban Transport Corporation managing director Ejaz Khilji
said a decision had been taken in principle to that effect at a meeting
presided over by the prime minister, and only formalities such as getting
it passed by the Executive Committee of the National Economic Council
remained which would be fulfilled in the next couple of months.
He said efforts were being made to complete formalities so that the
loan pledge agreement with JICA could be signed on 26
April 2012, making it to coincide with the completion of 60 years of establishment
of diplomatic relations between Japan and Pakistan. The project is expected
to start in June 2012 and to complete by April 2017.
30 November 2011:
Prime Minister Syed Yousuf Raza Gilani, on Wednesday presided
a high level meeting to review Development Portfolio of Sindh, here
at the Governor House.
Prime Minister Syed Yousuf Raza Gilani also directed the Ministry
of Railways, the Ministry of Finance and other relevant authorities
to complete the Circular Railway Project in the city which has been
subject to delay due to bureaucratic hurdles.
The Secretary Railways informed that total cost of the project
is Rs 128 billions and JICA has offered to bear 93.5 percent cost as soft-term
loan.
The Secretary Finance informed the meeting that the approval
of ECNEC would be obtained and relocation of 4,600 people would be
undertaken. Karachi Electric Supply Company announced signing a memorandum
of understanding (MOU) with Karachi Urban Transport Corporation (KUTC)
for exploring the options of providing electricity for Karachi circular
railway (KCR) project.
According to a statement issued by the KESC, the signing
of MOU will open dialogue between KESC and KUTC for the provision
of about 120 megawatts for the project. “ By executing the MoU, the
KESC intends to explore the option of supplying electricity to KUTC on
best efforts basis for the KCR project and KUTC intends to purchase the
same ”.
6 August 2011:
A resettlement plan for the people to be affected by the revival
of the Karachi Circular Railway project has been approved by donors and
its implementation will begin in the next few months, said the chief of
the Karachi Urban Transport Corporation (KUTC) on Saturday.
The KUTC chief, Ijaz Khilji, said that the Pakistan Railways
had agreed to provide approximately 300 acres near Jumma goth (Near
Cattle Colony and Shah Latif Town) where over 4,650 families currently
residing on the KCR route would be relocated. Each family would be given
an 80-square-yard plot and Rs 50,000.
18
April 2010:
Although the draft final report for Resettlement Action
Plan (RAP) study for Karachi Circular Railway has been furnished
to JICA on 12 April 2010, the transfer of allocated land for resettlement
of Project Affected Persons of Karachi Circular Railway is still awaited.
According to Karachi Urban Transport Corporation sources
the transfer of land from Pakistan Railway to KUTC was in process.
3 September 2009:
Executive Committee of the National Economic
Council (ECNEC) on Thursday approved approves Rs 128.60 billons
for Karachi Circular Railway System to provide modern transport
services to the people, said Minister for Information and Broadcasting
Qamar Zaman Kaira.
Briefing the media persons about the decisions taken
by the ECNEC meeting chaired by Finance Minister Shaukat Tareen
here, he said the project like Karachi Circular Railway would be
expanded to the other major cities of the country.
The Minister said the meeting also decided to conduct
third party evaluation of the project costing Rs 128.60 billions
with the sole objective to ensure transparency and saving of cost.
Qamar Zaman Kaira made it clear the third party evaluation would not
affect the overall cost as well as execution of the project.
20 April 2009:
President Asif Ali Zardari approved Karachi
Circular Railway plan. This project was approved at a high-level
meeting held on 20 April 2009 at the Bilawal House chaired by
President Asif Ali Zardari. He said the federal government will
provide sovereign guarantee for the Karachi Mass Transit project,
which will be built under a BOO scheme. International competitive bids
will be invited soon. This plan would be launched immediately. Mustafa
Kamal said the Karachi Circular Railway is being revived with a cost
of $ 1.6 billion with international assistance. The president desired
that the plan must be implemented without further delay and a resettlement
plan be immediately prepared for the rehabilitation of the people settled
on the way of KCR.
22 September 2008:
Revival of Karachi Circular Railway (KCR) still
needs approval of the Executive Committee of the National Economic
Council (Ecnec) even though the Central Development Working Party
(CDWP) has already approved it.
Well-placed sources in the federal government
told on Monday that the CDWP had forwarded the KCR revival plan
to the Ecnec.
Physical work on the project could only be started
after its approval by the Ecnec, they said, adding that the item
was yet to be placed on the Ecnec agenda.
18 September 2008:
The Central Development Working Party (CDWP),
which met here with Deputy Chairman of Planning Commission Salman
Faruqi in the chair, approved revival of the Karachi Circular
Railway project.
The KCR project is expected to be executed
in three years at a cost of Rs 52.372 billions with a foreign
component of Rs 39.257 billions.
The 50 km railway project will have 21 underpasses
and overhead bridges and 23 stations in the city. The Circular
Railway would carry 700,000 passengers daily through 246 trains.
4
December 2006: