Chinato help build $1.269bn traffic project for city
KARACHI:Sindh Chief Minister Syed Qaim Ali Shah has announced that a $1.269 billionKarachi Light Rail and Brown Line project will be launched on a war footing sothat it could be completed by the beginning of 2018. For the purpose, he hasconstituted a committee to remove all bottlenecks in the way of the project.
卡拉奇：巴基斯坦信德省首席部长Syed Qaim Ali Shah宣布称将开始建造12.69亿美元的卡拉奇轻轨和捷运项目，预计2018年完成。为了实现这个目标，他已经成立了一个委员会以消除所有的障碍。
Hetook this decision while presiding over a meeting of Sindh governmentrepresentatives and Chinese company Sinosure at CM House on Monday. The Sindhgovernment was represented by Finance Minister Murad Ali Shah, ACS (dev)Mohammad Waseem, Principal Secretary to CM Alamuddin Bullo, Secretary forFinance Sohail Rajput and others. From the Chinesecompany, Deputy Director of Sinosure Cheng Tao, General Manager of the CRCCPakistan Wu Zefeng and their team took part in the meeting.
周一，他在主持信德省政府代表和中国出口信用保险公司的会议时做出了该决定。信德省的代表包括财政部长Murad Ali Shah，ACS的Mohammad Waseem，首席部长的秘书Alamuddin Bullo，财政部秘书Sohail Rajput以及其他人。中国公司的代表包括了中国出口信用保险公司的副主任程涛，中国铁建巴基斯坦公司的总经理吴泽丰及其团队。
Thetotal length of the Brown Line project is 18.38 kilometres, of which 20.63 percent, or 3.7km, wouldbe under ground and 12.92km,or 70.30pc, would be elevated.
Besides,it would have 13 stations, of which three would be underground and 10 elevatedwith one rolling-stock base and operational control centres. The unidirectionalpeak passenger volume can reach 20,000 to 70,0000 persons per trip.
Thisproject would generate Rs3 billion annually and if the advertisement and stallsset up at each station were included, it would fetch more than Rs3.5bn a year.
Givingfinancial details of the project, they said the mobilisation cost of theproject would be $12.7million, engineering design $16.94m, insurance $12.69m, HSE $21.18m, construction works and equipment $1006.33m, coaches $72.54m, test and commissioning$8.47m, and contingency $42.34m. Its total comes to $1,193m. Apart from it, land for depots andcontrol building would cost $4.9mand interest during construction would be $75.99 million. Therefore, theproject would cost $1,269.02.
Theytold the chief minister that 60pc of the cost would be a 13-year Chinese loanwhile the Sindh government would have to pay 40pc of the total cost.
TheSinosure team said their 11 experts had made four trips to Karachi and eachtrip was of 20 days. During their visits they conducted a soil investigation, asite survey, a traffic information study, and coordinated with different Sindhgovernment departments.
May12, 2015 08:28am
Wow ,really good news, all steps in right direction for Karachi to become nextshanghai or Dubai.
May12, 2015 08:32am