Public-private venture to manage losing trains Updated at: 1503 PST, Friday, November 04, 2011

LAHORE: Business train has been handed over to the private sector, which will start running from December, following Pakistan Railways decision in principle to let public-private venture to manage running goods trains as well as losing passenger trains.

Railways GM, Saeed Akhtar told Geo News that the private sector would be doing commercial management, while the operation responsibility of trains would rest with the Railways.

He said that the Business Train would be air condition, non-stop passenger train running up and down Lahore-Karachi.

Sources said that an agreement has already been finalized with an entrepreneurs’ group named ‘Friends’ for running Business Train and its revamping was underway.

Railways GM said that the matters relating to the handing over of Millat Express, Fareed Express and Allama Iqbal Express was being mulled over.

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