CPEC to energise dysfunctional department of railways: PEW
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Railway role systematically reduced to benefit private sector
The Pakistan Economy Watch (PEW) on Thursday said the role of the railway was systematically reduced to benefit some of the influential transporters which damaged the economy and inflicted losses on the masses.
Transporters are making good profits by ferrying passengers and trade goods but it has resulted in high cost of doing business which is against the national interests, it said.
The railway infrastructure is being improved to cater for the needs of CPEC which will reduce the cost of doing business, increase the competitiveness of businesses and cut annual oil import bill by almost 1.5 billion dollars, said Dr. Murtaza Mughal, President PEW.
