The Executive Committee of the National Economic Council has approved Karachi Circular Railway project worth 201 billion rupees.

The meeting of the ECNEC was presided over by Federal Minister for Finance and Revenue Shaukat Tarin in Islamabad today.

The project envisages construction of a 43.2 kilometers dual track urban mass transit system to be built in a period of three years.

Karachi Circular Railways Management Company will be responsible to keep an oversight related to the execution, operation and maintenance of the project.

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