Pakistan Railways Boosts Network with Etihad Rail Partnership

Pakistan Railways Links With Etihad Rail For Mega Upgrades. This is reported by the railway transport news portal Railway Supply.

The Ministry of Railways has also signed with Etihad Rail to connect its network and bolster economic development. This collaboration offers a bright future of connectivity and mutual efficiency within railway of Pakistan.

Pakistan Railways Strengthens Operations

On 28 February, CEO Pakistan Railways Amir Ali Baloch had signed two MoUs. He was accompanied during Abu Dhabi Crown Prince Khaled’s visit by Shadi Malik, CEO of Etihad Rail.

They concentrate on modernizing Pakistani railway lines and exploring new ventures. Through this partnership, Etihad Rail aims to enhance mobility and contribute to the economy of Pakistan.

The MoUs come in continuation of a January 2024 agreement between the two governments of UAE and Pakistan. As part of that deal, the UAE has committed $3 billion to a substantial upgrade of Pakistan’s railway infrastructure.

Pakistan Railways Expands Freight Capacity

The 50km new freight line, funded by the UAE, is from Karachi port to Pipri. It includes logistics and terminal operations, operated by Dubai’s DP World.

Pakistan’s railway track and is also in discussion for the contest of it. Further, owing to the CPEC, the company is hoping to modernize the company as well as enhancing its freight capacity. On the other hand, Etihad Rail contributes expertise and resources to help the upgrades to move along smoothly.

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The two companies will work towards developing a more connected rail network. As a result, traders, businesses and other stakeholders will be able to avail faster and secure services in the trade and transport sectors of Pakistan and beyond.

The collaboration represents a major breakthrough for Pakistan’s infrastructure development efforts. And it also demonstrates the UAE’s commitment to the progress of Pakistan through strategic and value-added investments.

One that will vastly increase the capacity to move cargo to and from Karachi’s hectic port. That way, companies more rapidly get into markets, spurring Pakistan’s economy still more.

Pakistan’s rail network is expected to finish initial studies and begin construction in the coming year. But timelines will be subject to specific planning and coordination between the two countries, the officials said.

The collaboration allows Etihad Rail to reach beyond the UAE’s shores. So, it cements its position as a major global player in the advance of rail.
Both sides are optimistic for the future of this ambitious train. And with that in mind, the transport set-up in Pakistan seems set for a big leap ahead in the near future.

The investment illustrates a broader trend of global collaboration on infrastructure projects. Thus, Pakistan is likely to reap long term rewards from this enhanced UAE relationship.

In the meantime, as work continues, Pakistan’s rail system will share the milestones of the project. And interest runs high among stakeholders for the economic ripples from this railway remake.

This goes hand in hand with pakistans broader objective of successfully modernizing its transportation systems. Therefore, through its partnership with Etihad Rail it provides a base for future expansion.

Source: www.railjournal.com

What do Pakistan Railways gains by associating with Etihad Rail?

The union is going to help boost the railway network of Pakistan, better the connections and usher in more economic cooperation. Both companies are also looking to upgrade operations and increase the volume of freight in order to streamline their operations.

How is the UAE assisting Pakistan in upgrading its railways?

The UAE has already pledged $3 billion to overhaul Pakistan’s railway network and to build a 50km freight line from Karachi port to Pipri. This investment covers logistics and terminal assets under DP World control.

What can we expect as a result of this collaboration?

The collaboration is likely to upgrade Pakistan’s rail system, reduce the cost of cargo movement and ensure efficient, faster and reliable passenger travel facilities. It facilitates collaboration across countries and fosters sustained economic growth.

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