ADB declares 23% locomotives defective
ADB said the growth rates were slightly slower than its previous predictions. PHOTO: REUTERS
The Asian Development Bank (ADB) has declared the condition of 23% locomotives and 24% wagons of Pakistan Railways as poor.
In this regard, a report issued by the ADB has given suggestions for improving the railway sector of Central Asian countries, including Pakistan.
In the report, the condition of 23 per cent of railway locomotives and 24 per cent of wagons in Pakistan has been declared as poor.
According to the ADB, the railway sectors in the countries of the region, including Pakistan, are facing financial problems.
The ADB suggested that there was a need to increase lease or private sector partnership for the improvement of railways in the region.
“Other countries, including Pakistan, need to improve the efficiency of staff in the railway system,” it added.
It is imperative to introduce modern commercial accounting system for railways in the region.Home feature 2 and pak (NATIONAL PAGE)