Sharif directs using railway land to fund Main Line-1 upgrade

Prime Minister Shehbaz Sharif directed authorities to use railway land for commercial purposes to fund the upgradation of Main Line-1 (ML-1). He further instructed authorities to develop ML-1 commercially by utilising railway land valued at billions of rupees.
Additionally, Prime Minister Shehbaz Sharif called for corporate-style reforms to strengthen the railway system. Removing obstacles hindering financing for housing, agriculture, and small and medium enterprises (SMEs) was another directive from Shehbaz.
Shehbaz also asked the Small and Medium Enterprises Development Authority (SMEDA) to enhance the capacity of SMEs. The Prime Minister welcomed the National Bank of Pakistan’s 76 percent loan approval rate for housing finance.
Finally, Shehbaz urged other provinces to adopt the Punjab model for digitising their land records.




































































