PR outsources commercial management of nine trains in fair bidding process

Author: APP

ISLAMABAD: Pakistan Railways had outsourced the commercial management of nine trains to private parties under public-private partnership through a fair and transparent bidding process during the tenure of the incumbent government.

The basic purpose to outsource the trains were to provide better facilities to the passengers and generate more revenue for the department, an official in the Ministry of Railways told. Pakistan Railways privatized the trains included Mehr Express, Fareed Express, Faiz Ahmad Faiz Express, Jinnah Express, Mehran Express, Badar Express, Sir Syed Express, Ghauri Express, Mianwali Express, he added. He said the companies which took the commercial management of the trains included S. Jamil and Co. (Pvt) Limited, PRACS, Raas Logistic, As Enterprises, AA Enterprises, and SSR Group.

The official said the trains had been awarded through the transparent procedure of tendering under Public Procurement Regulatory Authority (PPRA) Rules through advertisement in the leading newspapers. He said only those trains were awarded whose bids had been received over and above the Pakistan Railways earning. The official said the trains had been awarded the objective to increase earning and reduce losses of Pakistan Railways, improve cleanness and provide better food facilities to passengers.

To a question, he said Pakistan Railways was planning to outsource its hospitals in the country to upgrade, expand and rehabilitate them under the public-private partnership. He said the department had organized a roadshow to attract the private sector to join the government in its efforts for improving and upgrading health services in railway hospitals.

Share
Leave a Comment

Recent Posts

  • Business

BMP for lowering production cost to promote industrialization, enhance exports

The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has called…

6 hours ago
  • Business

‘Govt should withstand resistance to broadening tax base’

The tax evaders and black economy mafia bosses are putting a strong resistance to the…

6 hours ago
  • Business

PFC to take part in Riyadh Intel expo

Pakistan Furniture Council (PFC) will take part in a 3-day Riyadh international expo starting from…

6 hours ago
  • Business

PPL Adhi Field’s operational parameters, safety protocols inspected

Chairman of Oil and Gas Regulatory Authority (OGRA) Masroor Khan, along with Mr. Zain-ul-Abideen Qureshi…

6 hours ago
  • Business

Tarbela 5th Extension Hydropower project to supply 1.347 bln units annually

Tarbela 5th Extension Hydropower Project will supply 1.347 billion low-cost and environment-friendly units annually to…

6 hours ago
  • Business

KP exporters demand incentives over export of goods to Afghanistan, CAR in Pak currency

All Khyber Pakhtunkhwa Exporters Association has demanded of government to announce incentives over exporting of…

6 hours ago