{"id":63195,"date":"2020-03-25T12:02:49","date_gmt":"2020-03-25T07:02:49","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63195"},"modified":"2020-03-25T12:02:50","modified_gmt":"2020-03-25T07:02:50","slug":"govt-releases-100-funds-earmarked-ml-1-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-releases-100-funds-earmarked-ml-1-project.html","title":{"rendered":"Govt releases 100% of funds earmarked for ML-1 project"},"content":{"rendered":"\n<p>Islamabad: The government has released 100 percent of the funds earmarked for the development of the initial designs for the revamping and renovation of the Karachi-Peshawar Railway Line (Main-Line\/ML-1) and the Havelian dry port under China-Pakistan Economic Corridor (CPEC) initiative, a news source reported. As per the publication, total funds amounting to PKR 1.8 billion have been disbursed. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fda-launch-10-development-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FDA to launch 10 development projects (opens in a new tab)\">FDA to launch 10 development projects<\/a><\/p>\n\n\n\n<p>The government had allocated PKR 1.8 billion for the project under the <a href=\"https:\/\/www.zameen.com\/news\/govt-shares-details-funds-issued-cpec-projects-under-psdp.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Public Sector Development Programme (PSDP) (opens in a new tab)\">Public Sector Development Programme (PSDP)<\/a>. The Ministry of Planning Development and Special Initiatives announced that the estimated total costs of the project were PKR 10.64 billion, out of which PKR 5.172 billion were utilised by end of June, last year.<\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/six-ngbsd-projects-contracts-awarded-in-first-half-of-fy-2019-20.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry (opens in a new tab)\"> Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry<\/a><\/p>\n\n\n\n<p>The government has disbursed the\npreviously allocated PKR 1 billion for buying a total of 75 Diesel Electric\nLocomotives. Furthermore, the executive administration has disbursed PKR 1.9 \u2013\nout of PKR 2.2 billion earmarked for 230 passenger coaches and 820 bogie\nfreight wagons of high capacity. Out of PKR 1.4 billion, the government has\nreleased PKR 1.11 billion for the renovation of assets damaged by the floods\nduring 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government has released 100 percent of the funds earmarked for the development of the initial designs for the revamping and renovation of the Karachi-Peshawar Railway Line (Main-Line\/ML-1) and the Havelian dry port under China-Pakistan Economic Corridor (CPEC) initiative, a news source reported. As per the publication, total funds amounting to PKR 1.8 billion have been disbursed. Read: FDA to launch 10 development projects The government had allocated PKR 1.8 billion for the project under the Public Sector Development Programme (PSDP). The Ministry of Planning Development and Special Initiatives announced that the estimated total costs of the project were PKR 10.64 billion, out of which PKR 5.172 billion were utilised by end of June, last year. Read: Six NGBSD projects contracts awarded in first half of FY 2019-20: IT Ministry The government has disbursed the previously allocated PKR 1 billion for buying a total of 75 Diesel Electric Locomotives. Furthermore, the executive administration has disbursed PKR 1.9 \u2013 out of PKR 2.2 billion earmarked for 230 passenger coaches and 820 bogie freight wagons of high capacity. Out of PKR 1.4 billion, the government has released PKR 1.11 billion for the renovation of assets damaged by the floods during 2010.<\/p>\n","protected":false},"author":76,"featured_media":62358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385,15016],"tags":[22096,24098,24099,22758],"persona":[],"class_list":{"0":"post-63195","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"category-new-developments","9":"tag-china-pakistan-economic-corridor-cpec","10":"tag-govt-releases-100-of-funds-earmarked-for-ml-1-project","11":"tag-karachi-peshawar-railway-line-main-line-ml-1","12":"tag-public-sector-development-programme-psdp","13":"cat-20385-id","14":"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>Govt releases 100% of funds earmarked for ML-1 project - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The government has released 100 percent of the funds earmarked for the development of the initial designs for the revamping and\" \/>\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\/govt-releases-100-funds-earmarked-ml-1-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt releases 100% of funds earmarked for ML-1 project - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The government has released 100 percent of the funds earmarked for the development of the initial designs for the revamping and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-releases-100-funds-earmarked-ml-1-project.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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