Karachi Circular Railway project, Pakistan needs it
JICA planned to grant USD 2.5 billion loan to Karachi Urban Transport Corporation for rebuilding of KCR but this was never materialized.
Karachi is Pakistan's most populous city and is the only megacity in the world which does not have a mass transit transport system, as per Tribune.
The city identification has been marked as needless traffic jams. This is the time when Pakistan should revive its Karachi Circular Railway (KCR) project, which was included in the China Pakistan Economic Corridor (CPEC) but recent reports tell that this project is now under threat, as per Tribune
Certain other revival efforts have been taken by Pakistan government for the KCR project, in May 2017, authorities approved USD 260 million restoration package for the KRC, as per GeoTv.
KCR has many benefits as city has a large size of daily travellers and the project can save millions of tons of gasoline.
Karachi has Pakistan's 10 percent population so, through a mass transit system, man hours can be saved. Seeing this, it is not very difficult to say that KCR will have a positive effect on country's GDP, as per Tribune.
The city is also facing improper construction of houses and people are shifting to far-flung areas, they have to travel to the city on a daily basis which is time-consuming.