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KUTC – Karachi Circular Railway Revival – Sindh - Project Profile

KUTC – Karachi Circular Railway Revival – Sindh - Project Profile

Synopsis

"KUTC – Karachi Circular Railway Revival – Sindh - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "KUTC – Karachi Circular Railway Revival – Sindh - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Karachi Urban Transport Corporation (KUTC) is planning to undertake the Circular Railway Revival project in Pakistan.

The project involves the revival of 43.12km of circular railway network and will be executed in two phases.

The project will include the construction of 23 stations, 19 underpasses, three overhead bridges and other related facilities and the installation of computerized ticketing, vending machines, automated ticket gates and elevators.

The first phase will include the revival of 28.3km circular section from Karachi Cantt to a proposed station at Gulistan-e-Johar. The second phase will include the revival of 14.8km circular section from Gulistan-e-Johar to the proposed station at Liaquatabad.

The Karachi Electric Supply Company signed a memorandum of understanding (MoU) with the KUTC to provide electricity for the project.

Japan External Trade Organisation (JETRO) has been appointed as study consultant and Aecom (formerly URS Scott Wilson Ltd) and Louis Berger Group, Inc. as lead consultants.

In August 2012, Japan International Co-operation Agency (JICA) agreed to provide US$2,600 million loan to the KUTC for the development of the project.

In June 2013, KUTC received planning consent from the Sindh Government.

Japan has agreed to extend soft loan for Karachi Circular Railway (KCR) project after the issuance of two certificates of improving economic indicators by the International Monetary Fund (IMF) in favor of Pakistan.

In June 2014, the project received US$3 million funding from the government of Sindh under the Public Sector Development Programme (PSDP).

On August 26, 2014, Sindh government signed a memorandum of understanding (MoU) with the China Railway Construction Corporation (CRCC) to undertake all civil and engineering work for the project.

In January 2015, JICA expressed its inability to carry out the project after it was wrongly accused of land grabbing, and as a result JICA decided to withdrew from the project.

In February 2016, JICA approved the decision to provide compensation and area for resettlement of affected families. JICA will provide a soft-term loan of US$2,000 million.

In December 2016, discussions were held with the government of sindh and KUTC for the project and making it a part of the China-Pakistan Economic Corridor (CPEC).

In January 2017, project is considered as a part of CPEC .

Central Development Working Party (CDWP) approved development in May 2017.

A meeting of the Pakistan-China joint group on the CPEC is scheduled to be held in Pakistan in which the project is expected to be cleared for funding in August 2017.

Scope

The project involves construction of 43.12km circular railway line at Karachi in Sindh province of Pakistan.

The US$2,600 million project includes the following:

1. Construction of 28.3km circular section from Karachi Cantt to Gulistan-e-Johar under the first phase

2. Construction of 14.8km circular section from Gulistan-e-Johar to Liaquatabad under the second phase

3. Construction of 23 stations

4. Construction of 19 underpasses

5. Construction of three overhead bridges

6. Construction of other related infrastructural facilitiesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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