Railways lease over 4,578 acres land to earn profit

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Pakistan Railways has leased out over 4,578 acres of its land during the last three and a half years to transform the department into profitable entity by generating more revenue.

“The leased-out land was located in seven divisions including Lahore, Karachi, Peshawar, Quetta, Rawalpindi, Multan and Sukkur,” an official in the Ministry of Railways told APP. He also divulged details of a plan, aimed at exploiting 25 mega sites of Pakistan Railways commercially under public-private partnership.

To a question, the official said Pakistan Railways had also decided to accelerate its ongoing anti-encroachment operation against land grabbers across the country to recoup its land from different individuals.—APP