[Business Recorder 18 April, 2019]

KARACHI: The total cost of Bus Rapid Transit (BRT) Red Line project in Karachi jumped to Rs77.597 billion, registering the whopping increase of Rs12 billion to its original cost, estimated at Rs65.589 billion. According to official documents, the modified PC-1 of the project, which was recommended by Central Development Working Party (CDWP) to Ecnec for approval, showed that within the span of one year, the construction cost of the project increased to Rs77.597 billion.