Privatization and Pakistan Railways on December 12, 2023Privatization as a concept has wide connotations ranging from the sale of state-owned assets to private investors, the moving of publicly owned services to private service providers, and the deregulation of highly regulated functions into “franchising” or “outsourcing” which previously were in the governmental domain and so on. Whatever meaning is ascribed to privatization, its […]
Is ML-1 a ‘Luxury’ or an essential requirement? on November 10, 2023The China-Pakistan Economic Corridor (CPEC) has been a pivotal component of the Belt and Road Initiative (BRI), connecting the Ports in Pakistan to China’s north western region. Among the numerous projects that make up CPEC, the Main Line 1 (ML-1) railway project stands out as a transformative endeavour with the potential to reshape Pakistan’s economic […]
Pakistan Railways is Changing on March 14, 2022The institution of Pakistan Railways once used to enjoy the pride of the country; serving as a golden role model for other bodies. Unfortunately, it could not sustain this reputation for long. Poor planning and mismanagement of resources, coupled with faulty decision-making, were behind the institution’s gradual decay. A profit-earning public entity plunged into losses, […]