ISLAMABAD: Prime Minister, Nawaz Sharif will break ground for the Green Line Bus Rapid Transit System in Karachi on Friday – first ever Rapid Transit system of the country to be initiated by the federal government.
The Green Line Bus Rapid Transit System is a significant milestone in upgrading and decongesting the overburdened transport infrastructure of Karachi as well as reducing the cost and travel time for the residents of Karachi, said a PM House statement on Thursday.
The Rapid Transit system would start from Surjani Town and culminate at Municipal Park M.A Jinnah Road.
After its completion, the corridor would benefit nearly 300,000 passengers a day.
The estimated cost of the corridor is Rs 16,085 million and entire funding had been provided by the federal government.
The project would be completed within a year.
A fully autonomous company – Karachi Infrastructure Development Company Limited (KIDCL) – has been incorporated under a Board of Directors comprising a good mix of project stakeholders including senior government functionaries, independent and technical directors and members from academia to take all decisions independently for planning and implementation of the project.