ISLAMABAD: The Central Development Working Party (CDWP) has deferred till its next meeting the PC-I of the $9.2-billion Karachi-Peshawar Main Line (ML-I) Project, raising various objections on the plan submitted by the Ministry of Railways. Although the PC-I & II of the ML-I Project were submitted to the CDWP during the tenure of the previous government, they were related to different phases of the project. As per the documents, the Planning Commission has raised various objections regarding the freshly submitted PC-I of the project. According to the Planning Commission, the results of financial and economic analysis provided in the PC-I based on total cash flow are misleading. “If not, then in the absence of such clearance, why the project was submitted for processing through CDWP/ECNEC?,” the commission asked.

Source: Pakistan Today April 15, 2020 16:36 UTC