Pakistan Railways has decided to run half of trains on public-private partnership basis. The step is being taken to overcome the financial crisis afflicting the Railways.
Talking to the reporters, Railways General Manager Saeed Akhtar said that four more trains would be handed over to a private firm next year.
He said the bidding rules have been amended for purchase of 150 locomotives. Only those companies whose engines last long would be able to take part in the bidding, he added.
It is vital to mention here that the workers and employees of Pakistan Railways are staging demonstrations against the privatisation of the department.
Railways to privatise 50pc trains: GM
