Karachi Urban Transport Corporation
Karachi Urban Transport Corporation (KUTC) (Urdu: کراچی شهری حمل و نقل شرکت) is a municipal agency responsible for planning and integrating road transport and public transport in the Metropolitan Karachi area. It has assumed other key initiatives including the construction of the Karachi Circular Railway and Karachi BRT as well as multiple other projects supporting public transport in the city.
Agency overview | |
---|---|
Formed | 2008 |
Jurisdiction | Metropolitan Karachi area |
Headquarters | Karachi, Sindh, Pakistan |
Child agencies |
History
KUTC was registered on 8 May 2008 in Securities & Exchange Commission of Pakistan (SECP) as Public Limited Company. Pakistan Railways 60%, Government of Sindh 25% and City District Government Karachi has 15% share in this corporation.[1][2]
Projects
gollark: It's generally cleaner to just *return* the new version of something.
gollark: I would generally recommend against global variable use.
gollark: If you get money by making an existing thing better or cheaper that is also good for people.
gollark: If you obtain money by making some sort of innovative product/service, you're improving things for everyone who wants the product.
gollark: > one could argue that you can't be wealthy without it being at *someone's* expenseOne would be wrong, lots of things are positive sum.
References
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