PR Lease Over 4,600 Acres Land To Generate Revenue

Pakistan Railways has leased out over 4,603 acres of its land over the last three and half years to remodel the division into worthwhile entity by producing extra income

ISLAMABAD, (UrduPoint / Pakistan Point News – tenth May, 2022 ) :Pakistan Railways has leased out over 4,603 acres of its land over the last three and half years to remodel the division into worthwhile entity by producing extra income.

“The leased-out land was located in seven divisions including Lahore, Karachi, Peshawar, Quetta, Rawalpindi, Multan and Sukkar,” an official within the Ministry of Railways instructed APP.

He additionally divulged particulars of a plan, aimed toward exploiting 25 mega websites of Pakistan Railways commercially underneath public-private partnership.

An expression of curiosity to rent the advisor for the aim was already given within the nationwide and native newspapers of the nation, he mentioned.

Likewise, he mentioned a second section was additionally on the playing cards underneath which some 111 new industrial websites have been recognized for industrial use by way of public non-public partnership.

To a query, he mentioned Pakistan Railways had additionally determined to speed up its ongoing anti-encroachment operation towards land grabbers throughout the nation to recoup its land from completely different people, teams and even enterprise organizations utilizing it for residential, industrial and agriculture functions for many years.

“The anti-encroachment operation will be launched with the assistance of Railway Police and district administrations of the provincial governments,” he added.

He mentioned that Railways had retrieved over 602 acres treasured land price billion of rupees from unlawful occupants underneath its anti-encroachment operation throughout the nation.

He mentioned the division was taking a number of steps to retrieve encroached land from the land grabbers together with an in depth survey which was being carried out to determine the encroached land, occupied by the people and underneath unlawful occupation of varied authorities departments.

The official mentioned that First Information Reports (FIRs) have been being lodged and instances have been registered and despatched to PR Judicial Magistrates for expeditious trial.

The subject concerning unlawful occupation and possession of Railways’ land by authorities departments and establishments has additionally been taken up with the involved departments, he added.

The official mentioned PR owned 167,690 acres of land throughout the nation, of which 90,326-acre was in Punjab, 39,428-acre in Sindh, 28,228-acre in Balochistan and 9,708-acre in Khyber Pakhtunkhwa.

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