Pakistan Railways privatises Shalimar Express
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Minister for Railways Khawaja Saad Rafique has said that Pakistan Railways has been steered out of crises by introducing effective and concrete reforms.
He was addressing a ceremony about handing over of Shalimar Express train to private sector in Lahore this afternoon.
He said that the train has been given to the private sector to improve its service and management.
The Minister said that Pakistan Railways is earning lucrative revenue and Shalimar Express has earned revenue of one hundred and forty million rupees during the current year.
He said that the total revenue of Pakistan railways will be fifty billion in the next fiscal year.
The Minister said that the revenue of the department has increased from eighteen billion to forty billion rupees during the last three years.
He said that decision has been taken to outsource more trains. Khawja Saad Rafique said that it is being considered to handover the Gwadar railway freight to private sector.
