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Korea Rail shows interest in technology transmit to Pakistan Railways

LAHORE: Korean Rail Network Authority has articulated its interest in joint project with Pakistan Railways Network system. Korea Rail Network Authority General Manager Kim Young June and Director Overseas Project Division Cheng Nam stated that, they are enthusiastic to initiate joint ventures so as to present modern technology to Pakistan during their visit to Workshop Division of the railways on the second day of their tour to Pakistan Railway Headquarters on Wednesday. Previously, Ghulam Qasim, the Divisional…

New rail, road cargo linking China’s Lanzhou with Islamabad launched

BEIJING/ISLAMABAD: China has launched a new rail and road cargo service linking Lanzhou, capital of northwest China’s Gansu Province, with Islamabad. The first train carrying 30 carriages of mechanical equipment, auto parts and daily necessities left a logistics center yesterday in Lanzhou, bound for Kashgar in Xinjiang Uygur Autonomous Region. The goods will then be transported to Islamabad by a highway, China’s state-run media reported on Wednesday. According to Luo Zhe, deputy director with the management committee…

China launches direct rail between Kunming, Karachi

KARACHI: China and Pakistan have launched direct rail and sea freight service, linking southwest Chinese inland Yunnan province with Karachi, China's Xinhua news agency reported. The cargo train loaded with 500 tonnes of commodities left Kunming, capital of Yunnan, for Karachi on Wednesday, marking the opening of the new route. The freight line will cut transport cost by over 50 percent compared with past services. “The commodities will first arrive in Guangzhou and will be shipped to Pakistan,” said Wu Jianlie of…

China to make extra $8.5 billion investments in rail, energy: Pakistan

LONDON: Pakistan has secured an additional $8.5 billion of investment from Beijing as part of the countries' joint energy, transport and infrastructure plan, Planning Minister Ahsan Iqbal said on Wednesday. That is on top of the $46-billion China-Pakistan Economic Corridor (CPEC) project, which focuses on road building and energy infrastructure to end chronic power shortages in Pakistan and to link China's landlocked north-west with the deep-water port Gwadar on the Arabian Sea. Some $4.5 billion of the additional…