Hope Screen's video: 7 2 Billion ML-1 Project complete Details CPEC Pakistan Railways

Pakistan China Economic Corridor (CPEC) is heralded as corridor of prosperity as this project is likely to connect China with West Asia and Europe through Pakistan. China has formulated this flagship project of BRI as a substitute of Strait of Malacca but Pakistan is also going to be a great beneficiary of this project. Under CPEC already several projects of power generation and road up gradation have been completed but Mainline 1(ML-1) is one of the main components of CPEC. Under the ML-1 up gradation and dualisation of 1872 km long track from Peshawar to Karachi is the milestone for second phase of CPEC. Pakistan Railways is a state enterprise and it has not been a profit making entity since private transport provided better services beginning of the year 2000.Government has been salvaging this by providing subsidy to Pakistan railways. Repair and slow overhauling of decades old tracks have caused dozens of accidents of trains. Transportation of goods has also been at snail’s pace. This project of ML-1 is promising to uplift railways in Pakistan. Despite economic challenges, Pakistan’s current government has approved this project through The Executive Committee of the National Economic Council (ECNEC) which is worth $ 7.2 billion on cost sharing basis as Beijing is the main financer of this project. Beijing is providing 90% of the cost to complete this project in the form of loans. This whole project of ML-1 is comprised of three packages, the package -1 is comprised of construction of 527-km long rail-track connecting Peshawar, Rawalpindi and Lahore and it will be completed by 2024. Package -2 and 3 are most significant because that will be upgrading 251-km long track between Lahore and Hyderabad and 740-km between Rawalpindi-Peshawar and Hyderabad-Multan respectively. Pakistan’s railways have not been performing well as a national enterprise and remained a burden for decades. Even the number of freight trains reduced to some because of low indigenous production on one hand and number of accidents increased on the other hand. It can easily be established that a country with better railways and transportation has better chances of rising as an economic state. Under the project Pakistan railways track will be upgraded which will increase the speed of trains from 70 to 120 km/hour and the capacity of the line will also increase from 34 trains per day to 170 trains per day. Completion of the project will also generate economic opportunities for daily wagers in the main train stations of major cities. Even after the completion when Chinese goods will be transported from the same track-it will attract foreign investors on invest in Pakistan. Several technologically developed countries are eyeing on potential for digital market in Pakistan. Being a big population it is a major untapped market for digital multinational companies. The completion of the project will also enhance Pakistan’s global ranking in cross-border trade related indicators. Pakistan will be connecting China with west Asia and Africa through its port Gwadar. All shipped goods to and from China will be transported along with Pakistan’s own goods. Timely completion of ML-1 is in the best economic interest of Pakistan as well as China. Summary of Key Features; 160 km/h speed for passenger trains and 120 km/h speed for freight trains, Safety fencing on both sides of the track Removal of all level crossings and introduction of underpasses and overhead bridges Up gradation of all major railway stations Upgradation of Pakistan Railways Academy Walton Lahore and Establishment of Havailian dry port