EAM Bakhtyar reviews foreign funded water projects

By Staff Reporter
Friday – November 20, 2020
ISLAMABAD: A meeting of national coordination committee on foreign-funded projects (NCC-FFP), Thursday, reviewed progress of the development projects in water sector funded by the world bank (WB), Asian Infrastructure Investment Bank (AIIB), United States (US), France, Germany, Saudi fund, Kuwait, and organisation of the petroleum exporting countries (OPEC) fund for international development (OFID).

According to a press release, the economic affairs minister (EAM) Makhdum Khusro Bakhtyar chaired the meeting of NCC-FFP pertaining to water sector (federal) at the economic affairs (EA) ministry, in the federal capital.

At present, 15 foreign-funded projects in water sector amounting to $3,239 million are under implementation.

EAM Bakhtyar said that the potential of ongoing hydropower and water sector development projects are essential for power generation at affordable rates and for sustainable development in our economy.

He highlighted that the incumbent government is focusing on construction of major dams which will fulfil our needs for water, food and energy security and in view of way long benefits towards stabilising the economy of Pakistan.

EAM Bakhtyar directed the line departments on fast track implementation of the projects and prompt redressal of issues for expeditious execution of projects in water sector.

He especially emphasised on the projects including Dasu hydropower, Tarbela fifth extension and Warsak hydropower project and set the timelines to resolve the bottlenecks to expedite the process of implementation.

The representatives of water resources ministry, planning commission, member water of water and power development authority (WAPDA), representatives of prime minister’s office, finance division and provincial planning and development departments along-with the boards of revenues attended the meeting.