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Raiz Malik Metro bus Services in Karachi

Raiz Malik Metro bus Services in Karachi

Pakistan’s First Private Investment in Public Infrastructure Development – Bahria Town – Your Lifestyle Destination

Raiz Malik Metro bus Project in Karachi
Raiz Malik Metro bus Project in Karachi

Bahria Town is launching the first Bus rapid Mass transit system in Karachi (BRT), similar to the Lahore & Rawalpindi Metro Bus service developed by the government. An amount of Rs 25 billion is being spent by Bahria Town for this project which will be funded completely by Bahria Town without any government funding. The Metro-Bus will provide the much desired relief to the residents of Karachi as it is a safe, comfortable and extremely affordable way to travel through the streets of Karachi. The project is being built on private-public partnership.

Chairman Bahria Town; Mr. Malik Riaz Hussain stated “We are building the Metro Bus system to link Bahria Town Karachi with the main arteries of the city and provide convenience to not just the Bahria Town residents but also other citizens of the city. Although it is the government’s responsibility to provide such services but Bahria Town has made this initiative as it is a noble cause to provide a respectable & affordable means of transportation to the masses”.

Bus rapid Mass transit system in Karachi
Bus rapid Mass transit system in Karachi

Raiz Malik Metro bus Services in Karachi 3
KARACHI: Construction conglomerate Bahria Town offers Rs42 billion loan to Sindh government for Karachi Metro Bus project.

This was decided in a high level meeting, where Asif Ali Zardari, Sindh Chief Minister Qaim Ali Shah, Bahria Town Chairman Malik Riaz and members of the provincial cabinet unanimously approved the Karachi Metro Bus project.

According to sources, the meeting called for early completion of the bus service that will be run by Daewoo, on the lines of ones launched in Lahore and Islamabad.

The 54-kilometre long two routes of the bus service connect Super Highway on the outskirts of the city with Herewith Tower at the start of MA Jinnah Road and II Chundrigar Road in the business and financial hub of Karachi and Super Highway with airport via Malir Cantt Karachi.

The estimated cost of the grand infrastructure Metro Bus project is around Rs70 billion. Bahria Town has agreed to give Rs 42 billion to Sindh government on a 154-year loan to complete the project.

Sindh government will seek Rs20 billion from the federal government and invest Rs8 billion from its own resources.

The provincial government has completed the feasibility study, acquired environmental impact assessment report from the Environmental Protection Agency and finalised the design of the Metro Bus project in the last three months, the source said.

The Sindh government has also signed a memorandum of understanding with the Daewoo bus company which will run its hybrid buses on the route along with all the operational matters to ensure high quality service, sources told.

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