{"id":82505,"date":"2021-12-23T12:20:10","date_gmt":"2021-12-23T07:20:10","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=82505"},"modified":"2021-12-23T12:20:15","modified_gmt":"2021-12-23T07:20:15","slug":"pak-railway-eur-170-mn-thar-block-ii-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pak-railway-eur-170-mn-thar-block-ii-project.html","title":{"rendered":"Pak Railway signs EUR 170 mn Thar Block II connectivity project"},"content":{"rendered":"\n<p>Karachi: Pakistan Railways (PR) on Monday (December 20) inked a EUR 170 million project to connect <a href=\"https:\/\/www.zameen.com\/news\/thar-phase-iii-coal-expansion-project.html\" data-type=\"post\" data-id=\"80833\" target=\"_blank\" rel=\"noreferrer noopener\">Thar Coal Block II<\/a> with the new Chorr station on the Hyderabad-Mirpurkhas rail link, news sources reported.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/expedite-work-trans-afghan-railway.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pak, Uzbekistan for expediting work on Trans Afghan Railway project<\/a><\/p>\n\n\n\n<p>Reportedly, the 105 kilometre-long project will be fully funded by Foreign Direct Investment (FDI).\u00a0 As per the news, the Memorandum of Understanding (MoU) was signed by Railway Constructions Pakistan Limited (RAILCOP), M\/s Al Furqan Holdings Private Ltd, and BIL Pakistan Pvt Ltd.\u00a0RAILCOP Chief Executive Officer (CEO) Syed Najam Saeed stated on the occasion that the project will help connect <a href=\"https:\/\/www.zameen.com\/news\/thar-coalfield-railway-line.html\" data-type=\"post\" data-id=\"78925\" target=\"_blank\" rel=\"noreferrer noopener\">Thar coal mines with the national railway lines<\/a> network. The fast track link would significantly improve the supply of Thar coal for the energy projects being built as part of the China Pakistan Economic Corridor (CPEC). <\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/railways-employees-interest-free-loans.html\" target=\"_blank\" rel=\"noreferrer noopener\">Railways\u2019 employees to get interest-free loans for home construction<\/a><\/p>\n\n\n\n<p>According to the company, the initiative will also improve communication and prosperity in Thar&#8217;s outlying rural communities. Moreover, as per the PR sources, the project will be constructed under the Public-Private Partnership (3P) model with complete fundings from the UAE Al-Furqan Holdings. The project will lay a new track that will reduce the need for the transfer of existing infrastructure to the new location.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Pakistan Railways (PR) on Monday (December 20) inked a EUR 170 million project to connect Thar Coal Block II with the new Chorr station on the Hyderabad-Mirpurkhas rail link, news sources reported.\u00a0 Read: Pak, Uzbekistan for expediting work on Trans Afghan Railway project Reportedly, the 105 kilometre-long project will be fully funded by Foreign Direct Investment (FDI).\u00a0 As per the news, the Memorandum of Understanding (MoU) was signed by Railway Constructions Pakistan Limited (RAILCOP), M\/s Al Furqan Holdings Private Ltd, and BIL Pakistan Pvt Ltd.\u00a0RAILCOP Chief Executive Officer (CEO) Syed Najam Saeed stated on the occasion that the project will help connect Thar coal mines with the national railway lines network. The fast track link would significantly improve the supply of Thar coal for the energy projects being built as part of the China Pakistan Economic Corridor (CPEC). Read: Railways\u2019 employees to get interest-free loans for home construction According to the company, the initiative will also improve communication and prosperity in Thar&#8217;s outlying rural communities. Moreover, as per the PR sources, the project will be constructed under the Public-Private Partnership (3P) model with complete fundings from the UAE Al-Furqan Holdings. The project will lay a new track that will&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[50170],"persona":[],"class_list":{"0":"post-82505","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-thar-coal-project","9":"cat-15013-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 Railway signs EUR 170 mn Thar Block II project- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: Pakistan Railways (PR) on Monday (December 20) inked a EUR 170 million project to connect Thar Coal Block II with the new Chorr station on the\" \/>\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-railway-eur-170-mn-thar-block-ii-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pak Railway signs EUR 170 mn Thar Block II project- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: Pakistan Railways (PR) on Monday (December 20) inked a EUR 170 million project to connect Thar Coal Block II with the new Chorr station on the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pak-railway-eur-170-mn-thar-block-ii-project.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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