PM Imran Khan inaugurates construction work on Diamer-Basha Dam

ISLAMABAD: Prime Minister Imran Khan inaugurated the construction work of the mega hydroelectric project under China Pakistan Economic Corridor (CPEC), the Diamer-Bhasha Dam, marking a notable achievement in the development of the country.

invest with imarat

Islamabad’s emerging city centre

Learn More

CPEC Chairman and Special Assistant to PM on Information and Broadcasting, Asim Saleem Bajwa also accompanied the Primer.

Speaking at the occasion, Khan informed that 4,500 MW of affordable, environmentally-friendly electricity will be generated.

In addition, around 1.2 million acres of the agricultural area in the country will be irrigated by using 6.4MAF (million-acre feet) of water, under the hydel power project.

The construction of the third-largest dam in Pakistan will boost investments in the cement and steel industry sectors

The project scheduled to be completed in 20208 will help generate over 16000 jobs.

Further addressing, the PM revealed the government’s plan to will work on developing more dams. Through this, Pakistan will be cable of generating electricity from water instead of furnace oil or coal and play its part in mitigating the adverse impacts of global warming and climate change.

Additionally, this will also help reduce the pressure of foreign exchange on the national economy.

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

15 hours ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

3 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

4 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

4 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago