Pakistan Railways has generated Rs 13.547 billion in revenue by leasing its valuable commercial and agricultural land over the past five financial years, as part of efforts to transform the department into a profitable entity.
An official from the Ministry of Railways said that around 14,042 acres of railway land have been leased for various purposes through competitive bidding.
The official added that Pakistan Railways leases its land through open auctions under the Railway Property and Land Rules, 2023, which were approved by the Federal Cabinet.
Efforts to boost non-fare revenue are being led by the Real Estate Development and Marketing Company (REDAMCO), a subsidiary of the Ministry of Railways.
The department has also decided to accelerate its ongoing anti-encroachment operations against land grabbers nationwide to reclaim railway land from individuals, groups, and business entities.
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Under the directives of Minister for Railways Muhammad Hanif Abbasi, anti-encroachment operations have been launched across the railway network. A joint procedural order has been issued to all divisional superintendents for the retrieval of encroached land.
