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Revival of Circular Railway hailed.

KARACHI, September 05, 2009 (Balochistan Times): Advisor on Infrastructure Project Development Facility (IPDF), Ghulam Murtaza Satti, has welcomed the decision regarding revival of Karachi Circular Railway Project taken in Executive Committee of the National Economic Council (ECNEC) chaired by Finance Minister, Shaukat Tareen, the other day. In a statement here on Saturday Satti welcomed the decision regarding revival of Karachi Circular Railway Project. He stated that the KCR, which was set up in the mid-60s, went off the tracks in 1997 due to heavy losses incurred by the Pakistan Railways. It was pointed out that the infrastructure Project Development Facility (IPDF), being the PPP unit of Government of Pakistan in Infrastructure, has played a leading role in revival of KCR project. Satti said that he tasked IPDFs specialized team to develop a financial model in order to assess the Financial Viability of the project with reference to its ability to service debt and generate positive cash flows. Comprehensive financial model included analysis of the project structure, assessment of its cash flows, profitability, debt service coverage ratios, fare structure and also devised a way forward for the Government. Satti added that IPDF has also been providing technical assistance to several Ministries/ Departments on project Financing mechanisms and structuring on PPP basis. He reiterated the fact that a CNG Bus Service, similar to Karachi CNG Bus Service project, needs to be initiated between twin cities with an immediate effect as high population growth rate together with rising travel demand and growing congestion on the road network need innovative approach and high capacity mode of public transport. IPDF had also finalized the traffic study on 43 dedicated CNG routes, complete feasibility and financial model, Request for Proposals and draft Concession Agreement for Karachi Mass Transit Cell for the Karachi CNG Bus Project. The government is committed to make Pakistans PPP Programme a success and structured framework in this regard will help to enhance private sector participation in development of infrastructure projects in the country, he said while adding that Regional and global experience demonstrates that Public Private Partnership programme is imperative to revitalize and restructure crippling economy of the developing countries. IGP take punitive action against five DSPs LAHORE: Inspector General of Police Punjab Tariq Saleem Dogar has taken punitive action against five DSPs on the charges of misconduct and negligence. The orders have been issued by Inspector General of Police Punjab in light of the inquiries conducted on public complaints against the said police officers. In a complaint the charges of abuse of power and corruption were levelled against DSP Sher Bahadur. The Chief Traffic Officer Gujranwala was directed to conduct inquiry into the matter. The Inquiry Officer in his report held the DSP Sher Bahadur guilty of charges and recommended disciplinary action against him. Similarly, a complaint was received against DSP Rab Nawaz Tariq for indulging in negligence of his official duty. The City Police Officer Multan was directed to conduct inquiry in this regard. The Inquiry Officer in his report held the DSP Sher Bahadur guilty of charges and recommended disciplinary action against him. Likewise, a complaint was received against DSP Traffic Mianwali Muhammad Shahzad regarding negligence of duty. The SP Traffic Range Sargodha was appointed Inquiry Officer in this regard. The Inquiry Officer in his report held the DSP Muhammad Shahzad guilty of charges and recommended minor punishment for him. A complaint regarding negligence of duty was received against DSP Muhammad Tahir Maqsood former SDPO Samundri. The City Police Officer Faisalabad was appointed as Inquiry Officer to probe into the matter. The Inquiry Officer recommended minor punishment for the said DSP. In a complaint the charges of negligence of duty were levelled against DSP Rab Nawaz former SDPO City Rawalpindi. The City Police Officer Rawalpindi was appointed Inquiry Officer in this regard. The Inquiry Officer recommended minor punishment for the said DSP. All the five delinquent DSPs appeared in orderly room and they were heard in person. They could not give satisfactory explanation in their defence. On proving the charges of misconduct and corruption against them, the IG awarded major punishment of forfeiting one year approved service to DSP Sher Bahadur and withholding of the annual increment of DSP Rab Nawaz Tariq, while the three DSPs Muhammad Shahzad, Muhammad Tahir Maqsood and Rab Nawaz were awarded minor punishment of Censure.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:Sep 5, 2009
Words:724
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