2020 declared Freight Year to make Railways profitable: Sh Rashid
FAISALABAD: Railways Minister Sheikh Rashid Ahmad said that Pakistan Railways had declared 2020 as the Freight Year to make the department profitable and play its role in making the national economy strong.
Inaugurating the Chishtian Logistic Coal Terminal at Faisalabad Dry Port here, he said that the terminal would generate revenue of Rs 10 million in addition to helping smooth unloading of coal for the coal-fired power houses of the region.
He said that under the new arrangement, 125 tonnes of coal would be unloaded in only 25 minutes and the time could further be reduced to 15 minutes at a later stages.
The minister said that five terminals would be established in different parts of the country which would also facilitate availability of coal to the power houses in addition to catering to the needs of the private sector.
He said that freight is the only unexploited sector which could make Pakistan Railways a profit-earning entity.
He said that a dedicated freight train had already been operating for Faisalabad while its number could be increased keeping in view demand of the local industrialists and coal importers. - APP