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Pakistani Annual Plan 2010-11: Railways to Be Converted into a Corporation
Source: brecorder.com
Source Date: Sunday, June 13, 2010
Focus: Institution and HR Management
Country: Pakistan
Created: Jun 21, 2010

Pakistan Railways would be eventually converted into a corporation, while railway network would remain under public ownership, according to the Annual Plan 2010-11. A major step under the National Tariff Commission (NTC) initiative is the restructuring of Pakistan Railways on commercial lines. The Pakistan Railways (PR) Corporatisation would aim to run railways, as a state owned corporation on commercial basis and fully meet its statutory commitment.

The government has allocated Rs 50 billion for PR as Non-Development Budget 2010-11, whereas, an amount of Rs 13.4 billion has been approved as Development Budget under Public Sector Development Programme (PSDP) that is 4 percent less then 2008-09 non-developmental budget. Finance division has projected 27 percent less allocation to PR against the demand of Rs 50 billion in development budget for fiscal year (FY) 2010-11. No new schemes have been introduced in PSDP 2010-11 due to high deficit in PR.

According to Annual Plan 2010-11 corporatisation would allow PR to implement organisational and financial restructuring. It would be run by professionals, and have a restructured Board and Public Private Partnership (PPP) that would bring both efficiency and investment. Freight Business Units (FBU) already established would be made more autonomous eventually leading to formation of a freight company.

The government has made an allocation of Rs 61.14 billion for the development programme of transport and communications sector for the upcoming financial year 2010-11. This includes Rs 16.54 billion for the budgetary programme and Rs 44.6 billion for the budgetary corporations programme (NHA), compared to 62.3 billion for 2009-10.

Works on track rehabilitation of PR network, procurement/ manufacture of 114 DE locomotives, procurement/manufacture of 625 passenger coaches, procurement/manufacture of 2130 bogie high capacity wagons, 202 passenger coaches, rehabilitation of 450 passenger coaches, doubling of track on Lodhran - Raiwind sections, damages to railway assets during riots in December 2007, replacement of old and obsolete signalling system on Lodhran -Khanewal to Shahdara section with modern state-of-the-art system and other on-going projects would continue. The construction of railway line and container terminal at Gwadar to provide up-country linkages, would be initiated. To facilitate transportation of cargo through rail, work on Dry Port at Prem Nagar, reached to an advance stage.

Under the new projects work on upgradation and improvement of existing track between Khanpur and Lodhran (Phase-II) and Shahdara - Lalamusa (Phase-III), fresh feasibility study for electrification vs dieselisation for ascertaining viability of electrification on Lahore - Karachi double line section, upgradation of track between Quetta - Taftan section would be taken up besides establishment of an Inland Container Terminal (ICT) /Dry Port Near Shershah Railway Station, Multan on public-private partnership basis. Work on feasibility study for provision of new rail link from Gwadar to Mastung to facilitate functioning of the Gwadar Deep Sea Water Port would likely to be initiated. With the provision of new rail link, Gwadar will be linked with the Central Asian countries. Preparatory work on Karachi Circular Railway (KCR) under BOT would also be taken up.
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