The Punjab Finance Department has allocated a substantial subsidy of Rs. 5 billion for passengers using the Orange Line Train and Metro Bus services. This subsidy aims to provide discounted travel options to commuters. The Finance Department has streamlined the process by facilitating the release of this subsidy to the Mass Transit Authority through an online system.
Key Highlights of Metro Bus and Orange Line Train Scheme
- Subsidy Allocation: The Punjab Finance Department has allocated Rs. 5 billion as a subsidy for the Orange Line Train and Metro Bus.
- Purpose of Subsidy: The primary aim of this subsidy is to offer discounted travel options to passengers.
- Online Process: The Finance Department has facilitated the release of this subsidy to the Mass Transit Authority through an online process.
About Orange Line Metro Train (OLMT)
The Orange Line Metro Train (OLMT) is a significant infrastructure project built under the China-Pakistan Economic Corridor (CPEC). It has garnered recognition by winning the “Brands Icons of Pakistan 2023” award in the category of Metro Rail Transit System. This project has already received two prestigious awards at the Brands of the Year Awards 2021.
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The Orange Line project, as an early-harvest project of CPEC, was jointly constructed by China Railway Group Corporation and China North Industries Corporation. It was inaugurated on October 25, 2020, in Lahore, making it Pakistan’s first-ever mass rapid urban transit train service.
Recently, Punjab Chief Minister Maryam Nawaz, along with her father and PML-N supremo Nawaz Sharif, chaired a crucial meeting focusing on enhancing the transportation infrastructure in the province. The meeting discussed plans for an underground train project in Lahore and the implementation of metro bus projects in three cities of Punjab. During the meeting, the chief minister emphasized the need for meticulous planning for the underground train project in Lahore and sought a detailed plan in this regard.
What is the purpose of the Rs. 5 billion subsidy allocated by the Punjab Finance Department?
The subsidy aims to provide discounted travel options to passengers using the Orange Line Train and Metro Bus services.
When was the Orange Line Metro Train inaugurated, and by whom was it constructed?
The Orange Line Metro Train was inaugurated on October 25, 2020, in Lahore. China Railway Group Corporation and China North Industries Corporation jointly constructed it.
Conclusion
The allocation of Rs. 5 billion as a subsidy for Metro Bus and Orange Line Train passengers by the Punjab Finance Department reflects the government’s commitment to providing affordable and efficient public transportation. With the subsidy, commuters can enjoy discounted travel options, making these mass transit systems more accessible and beneficial for the people of Punjab.