Pakistan Railways expects restoration by Oct. 10 of key Balochistan bridge blown up by militants

Special Pakistan Railways expects restoration by Oct. 10 of key Balochistan bridge blown up by militants
Laborers carry out restoration work on a destroyed bridge in Kolpur Pakistan on September 22, 2024, as the railway lines connecting the province to other parts of Pakistan destroyed in militant attacks on August 26. (AN Photo)
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Updated 25 September 2024
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Pakistan Railways expects restoration by Oct. 10 of key Balochistan bridge blown up by militants

Pakistan Railways expects restoration by Oct. 10 of key Balochistan bridge blown up by militants
  • A senior railway official says the department has lost $143,000 in revenue due to the suspension of train service
  • Baloch separatists destroyed the bridge last month in a series of coordinated attacks that killed over 50 people

QUETTA: Nearly a month after a series of coordinated attacks in Pakistan’s restive Balochistan province killed over 50 people, a senior Pakistan Railways official expressed optimism on Tuesday about completing the restoration work on a key bridge destroyed by militants by October 10.

Built in 1887, the five-span bridge was the second such link constructed by the British Army at the Bolan Pass after sealing a deal with the then Khan of Kalat, Meer Khuda-e-Dad Khan, to expand the railway network to Quetta and Chaman near the Afghan border.

Dozens of armed militants from the outlawed Baloch Liberation Army (BLA) carried out multiple coordinated attacks, including suicide bombings, in Lasbela, Musakhail, Kachi, Kalat and Mastung districts on August 26. The attacks coincided with the 18th death anniversary of local chieftain Nawab Akbar Bugti, who was assassinated in an army operation in 2006.

During the militant violence, BLA fighters fatally shot commuters on passenger buses, attacked the paramilitary Frontier Corps’ camp and targeted the railway infrastructure.

“As per the engineering design, October 10 is the date [set for the completion of the restoration work],” Imran Hayat, divisional superintendent of Pakistan Railways in Quetta, told Arab News. “But the secretary-chairman [the top railway official] during his recent visit directed for earlier completion of the bridge, and we are working day and night to ensure that.”




This photo taken on September 23, 2024, shows a deserted view of Quetta Railway Station in Quetta, Balochistan, as the railway lines connecting the province to other parts of Pakistan destroyed in militant attacks on August 26. (AN Photo)

“The bridge has a very rich history,” he continued. “Many old citizens [of the province] have expressed their dismay over the incident, which has compromised the bridge.”

The railway official said the suspension of train services since last month had caused around Rs40 million ($144,000) in revenue losses.




This photo taken on September 23, 2024, shows a deserted view of Quetta Railway Station in Quetta, Balochistan, as the railway lines connecting the province to other parts of Pakistan destroyed in militant attacks on August 26. (AN Photo)

The bridge at Bolan Pass, a strategic mountain pass that historically served as a key trade and military route connecting the subcontinent with Afghanistan and Central Asia, primarily served two important train services: the Jaffar Khan Jamali Express, which runs up to Peshawar, the capital of Pakistan’s northwestern Khyber Pakhtunkhwa province, and the Bolan Mail, which travels between Quetta and Karachi, the capital of Sindh province.

“More than the [revenue] loss, it is about the public service obligation,” Hayat said, adding the government had not lost its “resolve to connect the people of Balochistan” with the rest of the country, noting the railway was the “ultimate travel mode for poor people.”




Laborers carry out restoration work on a destroyed bridge in Kolpur Pakistan on September 22, 2024, as the railway lines connecting the province to other parts of Pakistan destroyed in militant attacks on August 26. (AN Photo)

Baloch separatist groups have previously attacked passenger trains and railway tracks in the Bolan Pass area.

Last year in January, several passengers were injured after a bomb attack on the Peshawar-bound Jaffar Express overturned various carriages near Aab-e-Gum Railway Station.

Later, on October 16, six people were killed and several others wounded after a Punjab-bound passenger train was targeted by double explosions following its departure from Mach Railway Station in Balochistan.




Laborers carry out restoration work on a destroyed bridge in Kolpur Pakistan on September 22, 2024, as the railway lines connecting the province to other parts of Pakistan destroyed in militant attacks on August 26. (AN Photo)

Asked about security arrangements for passenger trains and railway installations in the restive Balochistan region, Hayat said security forces had secured the area, allowing construction work on the bridge to proceed without hindrance.

“We are a service department,” he told Arab News. “Our responsibility is to ensure people have transportation whenever they wish to travel to any part of the country. We have faith in our security forces, who have secured the area up to Rohri and Quetta.”

Pakistan’s militancy-hit Balochistan province shares borders with Iran and Afghanistan, with Baloch separatists accusing the state of exploiting the province’s natural resources, a claim denied by the government.

The southwestern province has seen an uptick in violence by Baloch separatist groups over the last seven months, with militants blocking highways and attacking passengers, particularly those from Pakistan’s populous Punjab province.

Speaking to Arab News, Muhammad Nasrullah, a resident of Mach, a small town located about 50 kilometers from Quetta, said he had to travel with his family to Layyah, a district in Punjab, by passenger bus due to the suspension of train services from Quetta.

“There is a sense of insecurity due to the current situation in Balochistan, but we are compelled to commute on public transport,” he told Arab News. “People are traveling to Punjab by passenger buses because the train service is suspended due to the attack on the bridge.”

“I urge the government to increase the number of trains from Balochistan and provide secure train service to passengers,” he added.


Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade

Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade
Updated 4 sec ago
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Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade

Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade
  • Agreement designed to enhance Kingdom’s exporters access to Pakistani markets
  • In October, businesses from both countries signed agreements worth $2.8 billion

RIYADH: The Saudi Export-Import Bank and Pakistan’s Bank Alfalah have inked a $15 million financing agreement, designed to enhance Kingdom’s exporters access to Pakistani markets and foster stronger trade and economic ties.

The new credit line deal seeks to increase the flow and competitiveness of the Kingdom’s non-oil exports as well as unveil new trade horizons between the two countries, the Saudi Press Agency reported.

This falls in line with Pakistan’s efforts to strengthen trade and investment ties with the Kingdom, with the Saudi government reaffirming its commitment in September to fast-track a $5 billion investment package for the Asian country.

This also aligns with Saudi EXIM’s goal of diversifying the Kingdom’s economy by offering financing and insurance products for non-oil exports in support of Vision 2030.

“The agreement comes within the bank’s efforts to strengthen strategic relations with international banks and financial institutions to provide financing solutions that contribute to the development of Saudi non-oil exports and enhance their competitiveness in Pakistani markets, by encouraging importers from Pakistan to import Saudi products and services, which opens up broad prospects for the development of trade and investment between the two countries, and creates more promising trade and investment opportunities,” said General Director of the Finance Department at Saudi EXIM Bank Abdul Latif bin Saud Al-Ghaith.

The Group Head of Corporate, Investment Banking, and International Business at Bank Alfalah, Farooq Ahmed Khan, said: “The agreement between Saudi EXIM Bank and Bank Alfalah Ltd. is a milestone in strengthening trade relations between the Kingdom and Pakistan.”

He added: “The financing line will enable Pakistani companies to access high-quality products in the Kingdom and will also enhance the volume of trade exchange between the two countries. 

“We at Bank Alfalah are proud to play a pivotal role in promoting trade and investment opportunities that are in line with the shared vision to strengthen and grow the economies of both countries.”

In October, Saudi businessmen expressed hope for successful collaborations in Pakistan, saying the country’s economic stability and improved regulatory framework had made it an attractive investment destination, following the signing of over two dozen deals between companies from both nations.


Pakistan condoles loss of lives as Turkiye ski resort fire kills 66

Pakistan condoles loss of lives as Turkiye ski resort fire kills 66
Updated 11 min 6 sec ago
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Pakistan condoles loss of lives as Turkiye ski resort fire kills 66

Pakistan condoles loss of lives as Turkiye ski resort fire kills 66
  • Fire erupted overnight in hotel of Turkiye’s Kartalkaya ski resort
  • Pakistan stands shoulder-to-shoulder with Turkiye, says foreign office

ISLAMABAD: Pakistan’s foreign office on Tuesday condoled over the loss of lives caused by a deadly fire at a ski resort in Turkiye that killed at least 66 people and wounded over 50 others. 

The blaze erupted overnight in the restaurant of the hotel in the famous Kartalkaya ski resort in Bolu province on Monday. 

Television footage showed the roof and upper floors of the building engulfed in flames as witnesses and reports indicated that the hotel’s fire detection system had failed to activate. 

As per reports, 234 guests were staying at the hotel when it caught fire.

“The government and people of Pakistan are deeply saddened by the devastating fire at a hotel in the Kartalkaya ski resort in Bolu, Türkiye this morning,” the foreign office said.

“Pakistan extends its heartfelt condolences to the Government and people of Türkiye, particularly to the families who have lost their loved ones.”

The foreign office said Pakistan stands shoulder-to-shoulder with Turkiye, reaffirming its solidarity with the nation. 

According to the state-owned Anadolu Agency, Turkish Justice Minister Yılmaz Tunç said four people, including the business owner, were detained over the fire incident.

He said six public prosecutors were assigned to the probe, adding that a team of experts were looking into the cause of the fire.

Kartalkaya, which lies about 295 kilometers east of Istanbul, is one of Turkiye’s premier winter tourism destinations that attracts thousands of visitors every winter.


Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media

Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media
Updated 21 January 2025
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Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media

Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media
  • State media alleges Malik Riaz Hussain has illegally occupied lands owned by state, private persons
  • Hussain, who is co-accused in land graft case involving former PM Imran Khan, denies wrongdoing

ISLAMABAD: Pakistan’s government is reaching out to the United Arab Emirates (UAE) to extradite real estate tycoon Malik Riaz Hussain, the co-accused and proclaimed offender in a land graft case involving former prime minister Imran Khan, on charges of building housing societies on lands he does not legally own, state-run media reported on Tuesday. 

Hussain, currently residing in the UAE, is one of Pakistan’s richest and most powerful businessmen and biggest private employers. He is known for being the chairman of Bahria Town Limited, which calls itself Asia’s largest private estate developer.

The development takes place after a Pakistani court last Friday sentenced Khan to 14 years in prison and his wife, Bushra Khan, to seven years in jail. Both were accused of receiving land as a gift from Hussain during Khan’s premiership from 2018 to 2022 in exchange for illegal favors. 

Khan says he and his wife were merely trustees and did not benefit from the land transaction. Hussain has also denied being involved in any wrongdoing related to the case. 

“The Government of Pakistan is reaching out to the Government of United Arab Emirates for the extradition of Malik Riaz through legal channels,” state broadcaster Radio Pakistan reported. 

Radio Pakistan said Pakistan’s anti-corruption watchdog is conducting an inquiry against Hussain and his accomplices for fraud, deceptive practices and cheating the public at large.

It said the National Accountability Bureau (NAB) has credible information that Hussain and his accomplices not only illegally possessed and occupied state-owned land but also land belonging to private persons in Karachi, Takht Parri, Rawalpindi and New Murree areas. 

The state broadcaster said Hussain is developing housing societies on these lands 
without obtaining regulatory permissions, accusing him of committing fraud against the state and public amounting to billions of rupees. 

It mentioned that Riaz has recently launched a project to construct luxury apartments in Dubai, warning the public against investing in it. 

“The general public at large is hereby advised and warned to refrain from investing in the stated project,” it said.

“If the general public at large invests in the stated project, their actions would tantamount to money laundering, for which they may face criminal and legal proceedings.”

Hussain has not responded to the latest allegations against him. However, in May 2024, the real estate tycoon took to social media platform X to condemn a raid by NAB at his company’s offices in Pakistan. 

Hussain vowed not to give in to “bullying.” The post, however, was a cryptic one as the real estate developer did not state specifically who was pressurizing him.


Pakistan says it has agreed $1 billion loan with two Middle Eastern banks

Pakistan says it has agreed $1 billion loan with two Middle Eastern banks
Updated 21 January 2025
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Pakistan says it has agreed $1 billion loan with two Middle Eastern banks

Pakistan says it has agreed $1 billion loan with two Middle Eastern banks
  • Loans are short-term with 6 to 7 percent interest rate, says Muhammad Aurangzeb
  • Pakistan aims to boost finances after securing $7 billion IMF bailout in September

DAVOS, Switzerland: Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate, its Finance Minister Muhammad Aurangzeb told Reuters on Tuesday, as the South Asian country looks for more financing.

“With two institutions we have now gone forward in signing up the term sheet — one bilateral and one for trade (finance),” Aurangzeb said during an interview on the sidelines of the World Economic Forum annual meeting in Davos.

The loans were short-term — or up to one year, Aurangzeb added.

Pakistan aims to boost its finances after securing a $7 billion International Monetary Fund (IMF) bailout in September 2024, with the first review set for late February.

“We have the first formal review of the EFF coming through toward (the) end of February,” Aurangzeb said. “I do think we are in good stead for that review.”

IMF extended fund facilities (EFFs) provide financial assistance to countries facing serious medium-term balance of payments problems resulting from structural weaknesses that require time to address.


Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors

Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors
Updated 21 January 2025
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Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors

Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors
  • Commerce Minister Jam Kamal attends inaugural Pakistan-Cambodia Joint Trade Committee in Phnom Penh
  • Pakistan and Cambodia’s bilateral trade of goods and services valued at $45.5 million, says commerce ministry

ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal Khan on Tuesday invited Cambodian businesses to explore investment opportunities in the country’s agriculture, textiles, pharmaceuticals and tourism sectors, his ministry said, as Islamabad eyes foreign investment to ward off a prolonged economic crisis. 

The development took place as both sides took part in the inaugural session of the Pakistan-Cambodia Joint Trade Committee (JTC) in Phnom Penh. 

Khan arrived in Cambodia on Jan. 19 for a three-day official visit to the country to engage in bilateral trade talks amid Islamabad’s push to seek closer trade ties as it targets sustainable economic growth. 

“Pakistan’s Minister for Commerce highlighted Pakistan’s strategic location, growing economy and investment-friendly policies, inviting Cambodian businesses to explore opportunities in agriculture, textiles, pharmaceuticals and tourism,” Pakistan’s Commerce Ministry said. 

The minister stressed Pakistan’s efforts to improve ease of doing business and its potential as a gateway to key markets in South Asia, Central Asia and the Middle East.

The ministry further said Khan and Cambodian Commerce Minister Cham Nimul discussed mutual interests such as trade, health, banking, agriculture, aviation and customs. 

She appreciated the first JTC meeting between the two sides and expressed interest in visiting Pakistan for the second JTC meeting after Khan extended her a formal invitation. 

Nimul called for exploring joint ventures to leverage regional opportunities, highlighting Cambodia’s market access within the Association of Southeast Asian Nations (ASEAN) region, Pakistan’s commerce ministry said. 

“Both countries also expressed interest in MoUs for aviation, banking, and customs cooperation,” the statement said. 

“With bilateral trade currently valued at $45.5 million, both sides acknowledged significant untapped potential and committed to building stronger ties.”

The ministry said both sides will appoint focal persons to expedite negotiations for signing MoUs aimed at enhancing cooperation. 

Additionally, Pakistan and Cambodia also agreed to share trade-related information, organize trade delegations and facilitate their respective business communities.