Pakistan rules out bullet trains in near future; says no market

Under the ambitious $46 billion China-Pakistan Economic Corridor programme, Pak is building high-speed trains with top speed of 160 kmph

Image via Shutterstock
Image via Shutterstock
Press Trust of India Islamabad
Last Updated : Nov 30 2016 | 6:19 PM IST
Pakistan cannot afford to have bullet trains on par with foreign nations, the country's railway minister has said, citing lack of market for the high-speed rail project.

Khawaja Saad Rafique yesterday told the National Assembly that even the Chinese advice was against such train, also known as bullet train in common parlance, Dawn reported.

Under the ambitious $46 billion China-Pakistan Economic Corridor (CPEC) programme, Pakistan is building high-speed trains with a top speed of 160 kmph in the country.

Also Read

"When we asked the Chinese about it, they laughed at us. We should consider the 160 kmph train under CPEC as a bullet train. We cannot afford an actual bullet train, there is no market for it," the railway minister said.

Admitting that their party had faced a lot of criticism over not launching the project despite earlier having made it part of election manifesto, Rafique said that the country did not have enough money to build one.

"Even if we do, we do not have such a big range of upper and middle class passengers who will buy tickets," he said.

Rafique gave members a comprehensive overview of the performance of his department and insisted that he was doing as much as possible to clean up the department and turn it into a profit-making entity.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 30 2016 | 6:19 PM IST

Next Story