Pakistan Railways to get around Rs 140 milion per annum through advertisement

NationalPakistan Railways to get around Rs 140 milion per annum through advertisement

ISLAMABAD, Pakistan: Pakistan Railways would start earning an extra Rs 140 million per year through advertisements on trains and Railway station premises.

Different companies would be persuaded to advertise their brands on express trains and railway stations to earn money.

In this regard, Pakistan Railways’s attached department Pakistan Railways Advisory and Consultancy Services (Pracs) has awarded a tender to a private company which will allow companies to advertise their brands on trains and railway stations, sources in the Pracs told APP.

The agreement between Pracs and SQ Communication will supplement the income of the railways which is struggling to streamline its revenues flow, the sources said.

They said that Pakistan Railways has outsourced the project to Pracs that will take a 15 percent share out of the total revenues generated in a year.

It was not the first time that the department has permitted advertisements on its assets and a similar experiment had been made in 2007, but the venture did not last long and ended with the change in government, they added.

They said that it was a one-year contract to tackle this challenge and communicated to the successful bidder that the contract can be extended if things go smooth.

Initially five trains namely Awam Express, Hazara Express, Karachi Express, Khyber Mail and Tezgam will be offered for the advertisement of brands, apart from the trains, access will be provided to 14 railway stations on the Main Line-I for the advertisements, they added.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

AZAL plane crash updates

AZAL plane crash updates: 32 individuals have survived the crash Azerbaijan Airlines flight from...

0
Monitoring Desk: Azerbaijan Foreign Ministry issues statement on AZAL plane crash, Azernews reports, citing the Ministry of Foreign Affairs.The statement reads:“On December 25, an...

EU and UK statements on awarding of punishments to 9th May culprits are “Absolutely...

0
Islamabad, Pakistan: As expected a Foreign, Commonwealth & Development Office spokesperson of the United Kingdom on December 23, 2024, expressed concerns over the conviction...
National College of Business Administration & Economics offers Certification program in Solution-Focused Brief Therapy Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that is incredibly efficient and many therapists report significant breakthroughs in a single session. Interested persons can contact Dean of Social Sciences Dr Asir Ajmal by sending email at asirajmal@gmail.com

The National College of Business Administration & Economics offers a Certification program in Solution-Focused...

0
Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering an Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that...
Foreign powers, Imran Khan and his foreign connections

Legal implications of Movement of Civil Disobedience and sending remittances through illegal means

0
Islamabad, Pakistan: In 2014, the founding chairman of PTI Imran Khan announced a movement of Civil Disobedience. He burnt utility bills and ordered his...
Hassan Niazi convicted for May 9 mutiny

May 9 Case Verdict: Real justice will be done by bringing the mastermind to...

0
Islamabad, Pakistan: On May 9, 2023, the miscreants of PTI wrote a dark chapter in the history of Pakistan on the clear instructions of...
Advertisement