{"id":66521,"date":"2020-06-11T15:31:23","date_gmt":"2020-06-11T10:31:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66521"},"modified":"2020-06-11T15:31:24","modified_gmt":"2020-06-11T10:31:24","slug":"kcr-phase-ii-dualization-project-financed-local-funding","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kcr-phase-ii-dualization-project-financed-local-funding.html","title":{"rendered":"KCR Phase II dualization project to be financed via local funding"},"content":{"rendered":"\n<p>Karachi: The provincial government announced on Wednesday that it would utilize local funding to finance the second phase of the rehabilitation and dualization of the Karachi Circular Railway (KCR), a news source reported. The relevant officials revealed that the government would be less reliant on foreign financial assistance for the project.<\/p>\n\n\n\n<p><strong>Read<\/strong>:<a href=\"https:\/\/www.zameen.com\/news\/kcr-made-fully-functional-july-30.html\" target=\"_blank\" rel=\"noreferrer noopener\"> KCR to be made fully functional by July 30<\/a><\/p>\n\n\n\n<p>The project was recently approved at a cost of PKR 8.70 billion. The PC-1 indicates that the project includes the rehabilitation and dualisation of the existing 30-kilometre (km) track of the KCR \u2013 starting from Karachi City Station and ending on Drigh Road Station. For this purpose, an additional track would be constructed. On the other hand, the existing tracks would undergo renewal procedures to meet the added track\u2019s standards.<\/p>\n\n\n\n<p>For the new tracks, there would be constructions of new bridges, along with upgradation of the station buildings. The KCR Phase II will also include the construction of a Standard-I colour light signalling system for the double track on all stations.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/railways-ordered-revive-kcr-six-months.html\" target=\"_blank\" rel=\"noreferrer noopener\">Railways ordered to revive KCR in six months<\/a><\/p>\n\n\n\n<p>Reportedly, the infrastructure to be upgraded during the KCR Phase II will help accommodate 24,000 passengers on a daily bases with an average operating speed of 50 km per hour. Earlier, the Supreme Court (SC) had ordered a two-track operation and construction of railway stations with all amenities, fencing of railway tracks, and installation of a modern signalling system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The provincial government announced on Wednesday that it would utilize local funding to finance the second phase of the rehabilitation and dualization of the Karachi Circular Railway (KCR), a news source reported. The relevant officials revealed that the government would be less reliant on foreign financial assistance for the project. Read: KCR to be made fully functional by July 30 The project was recently approved at a cost of PKR 8.70 billion. The PC-1 indicates that the project includes the rehabilitation and dualisation of the existing 30-kilometre (km) track of the KCR \u2013 starting from Karachi City Station and ending on Drigh Road Station. For this purpose, an additional track would be constructed. On the other hand, the existing tracks would undergo renewal procedures to meet the added track\u2019s standards. For the new tracks, there would be constructions of new bridges, along with upgradation of the station buildings. The KCR Phase II will also include the construction of a Standard-I colour light signalling system for the double track on all stations. Read: Railways ordered to revive KCR in six months Reportedly, the infrastructure to be upgraded during the KCR Phase II will help accommodate 24,000 passengers on a daily&hellip;<\/p>\n","protected":false},"author":68,"featured_media":61674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[31496],"persona":[],"class_list":{"0":"post-66521","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-details-on-kcr-phase-ii-dualization-project-to-be-financed-via-local-funding","9":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KCR Phase II dualization project to be financed via local funding - Zameen News<\/title>\n<meta name=\"description\" content=\"The provincial government announced on Wednesday it would utilize local funding to finance the second phase of the rehabilitation and dualization of KCR.\" \/>\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\/kcr-phase-ii-dualization-project-financed-local-funding.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KCR Phase II dualization project to be financed via local funding - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The provincial government announced on Wednesday it would utilize local funding to finance the second phase of the rehabilitation and dualization of KCR.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kcr-phase-ii-dualization-project-financed-local-funding.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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