The federal government decided on Thursday to revive the Karachi Circular Railway (KCR) project and make it a modern commuter system by 2011. The decision was taken at a high-level meeting which was presided over by Minister for Railways Sardar Mahtab Ahmed Khan. A spokesman for the ministry said that the Karachi Urban Transport Corporation (KUTC) would be the implementing agency for the project to be undertaken with the assistance of the Japanese government, which had agreed to provide a soft loan of $872 million.