KARACHI: A Chinese company will start Karachi Light Rail and Brown Line project worth $1.269 billion in Karachi as a committee has been formed by the provincial government to remove hurdles in the project.
This was revealed by Sindh Chief Minister Syed Qaim Ali Shah after his meeting with representatives of Chinese company Sinosure at CM House.
The Sindh government was represented by Finance Minister Murad Ali Shah, ACS (dev) Mohammad Waseem, Principal Secretary to CM Alamuddin Bullo, Secretary for Finance Sohail Rajput and others. From the Chinese company, Deputy Director of Sinosure Cheng Tao, General Manager of the CRCC Pakistan Wu Zefeng and their team took part in the meeting.
Giving a presentation, the Chinese team said the project would start from the Singer roundabout via Korangi, Sharea Faisal and Rashid Minhas Road. It would have a terminal station at Anda Mor Road at the north side of the Nagan Chowrangi overpass.
The total length of the Brown Line project is 18.38 kilometres, of which 20.63 per cent, or 3.7km, would be 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 elevated with one rolling-stock base and operational control centres. The unidirectional peak passenger volume can reach 20,000 to 70,0000 persons per trip.
This project would generate about Rs6.5 billion annually. Giving financial details of the project, they said the mobilisation cost of the project 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 and control building would cost $4.9m and interest during construction would be $75.99 million. Therefore, the project would cost $1,269.02.