Islamabad: Deputy Prime Minister Ishaq Dar emphasized the importance of a modern and efficient railway network for national economic integration and regional connectivity during a meeting in Islamabad. The discussion, focused on the proposals for the revamping and restructuring of Pakistan Railways, highlighted the need for a fiscally viable system.
According to Radio Pakistan, the Deputy Prime Minister instructed relevant ministries and financial institutions to explore various funding options. This includes structuring commercial bank financing for the Main Line-1 (Rohri-Multan Section) project, which is deemed crucial for ensuring its timely implementation.
The meeting involved an evaluation of financing frameworks and operational models with the aim of modernizing railway infrastructure and securing financial sustainability. Attendees examined several restructuring options, such as Public-Private Partnerships, domestic bank financing, and international funding mechanisms, to enhance the railway network’s efficiency and economic viability.