Islamabad: The Executive Committee of the National Economic Council (ECNEC) has approved Rs. 292.4 billion funds for the Karachi Circular Railway (KCR) project with a foreign share of Rs263 billion. The session was chaired by finance minister Senator Ishaq Dar. According to the reports, the project envisages the construction of 44-kilometre-long and dedicated track of modern urban Railway in Karachi starting from Drigh road, passing through areas including Gulshan-e-Iqbal, Federal B area, Liaquatabad, North Nazimabad, Nazimabad, SITE, and Liyari.
