{"id":62053,"date":"2020-02-28T12:50:56","date_gmt":"2020-02-28T07:50:56","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62053"},"modified":"2020-02-28T12:50:56","modified_gmt":"2020-02-28T07:50:56","slug":"pak-inks-mou-china-operation-maintenance-olmt","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pak-inks-mou-china-operation-maintenance-olmt.html","title":{"rendered":"Pak inks MoU with China for operation, maintenance of OLMT"},"content":{"rendered":"\n<p>Islamabad: Pakistan has signed a memorandum of understanding (MoU) with China for the Operation and Maintenance (O&amp;M) services of Orange Line Metro Train (OLMT), a news source reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/china-to-set-up-research-centre-at-agricultural-university-in-multan.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"China to set up research centre at agricultural university in Multan (opens in a new tab)\">China to set up research centre at agricultural university in Multan<\/a><\/p>\n\n\n\n<p>As per the publication, China has planned to implement a management system for OLMT under the framework of the China-Pakistan Economic Corridor (CPEC) so that it could maintain development for a longer period of time. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/govt-follow-chinas-economic-progress-model.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Govt to follow China\u2019s economic progress model (opens in a new tab)\">Govt to follow China\u2019s economic progress model<\/a><\/p>\n\n\n\n<p>According to the agreement, a group of Guangzhou Metro Group, North Industries Group Corporation Limited (NORINCO) and a Pakistani company will execute the operation of OLMT for the next 8 years.\u00a0 It is expected that OLMT would be developed as a modernised urban transit system and boost the efficiency of commuting for millions of people in Lahore.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/pak-china-agree-to-expedite-clearance-under-green-corridor.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Pak, China agree to expedite clearance under Green Corridor (opens in a new tab)\">Pak, China agree to expedite clearance under Green Corridor<\/a><\/p>\n\n\n\n<p>Chinese President Xi Jinping signed the agreement for the <a href=\"https:\/\/www.zameen.com\/news\/security-arrangements-ordered-prior-olmt-launch.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"OLMT project  (opens in a new tab)\">OLMT project <\/a>in April 2015 under CPEC and the project was developed by a joint work of NORINCO and China Railway. OLMT is expected to actively start commuting activity from mid-2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan has signed a memorandum of understanding (MoU) with China for the Operation and Maintenance (O&amp;M) services of Orange Line Metro Train (OLMT), a news source reported. Read: China to set up research centre at agricultural university in Multan As per the publication, China has planned to implement a management system for OLMT under the framework of the China-Pakistan Economic Corridor (CPEC) so that it could maintain development for a longer period of time. Read: Govt to follow China\u2019s economic progress model According to the agreement, a group of Guangzhou Metro Group, North Industries Group Corporation Limited (NORINCO) and a Pakistani company will execute the operation of OLMT for the next 8 years.\u00a0 It is expected that OLMT would be developed as a modernised urban transit system and boost the efficiency of commuting for millions of people in Lahore. Read: Pak, China agree to expedite clearance under Green Corridor Chinese President Xi Jinping signed the agreement for the OLMT project in April 2015 under CPEC and the project was developed by a joint work of NORINCO and China Railway. OLMT is expected to actively start commuting activity from mid-2020.<\/p>\n","protected":false},"author":76,"featured_media":62054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385,15016],"tags":[3886,4623,5549,21278],"persona":[],"class_list":{"0":"post-62053","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"category-new-developments","10":"tag-cpec","11":"tag-maintenance","12":"tag-olmt","13":"tag-pak-inks-mou-with-china","14":"cat-15013-id","15":"cat-20385-id","16":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pak inks MoU with China for operation of OLMT - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Pakistan has signed a memorandum of understanding (MoU) with China for the Operation and Maintenance (O&amp;M) services of Orange\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pak-inks-mou-china-operation-maintenance-olmt.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pak inks MoU with China for operation of OLMT - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Pakistan has signed a memorandum of understanding (MoU) with China for the Operation and Maintenance (O&amp;M) services of Orange\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pak-inks-mou-china-operation-maintenance-olmt.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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