Lahore: The Pakistan Industrial and Traders Associations Front (PIAF) has hailed the government for giving a final go-ahead to the construction of Diamer-Bhasha dam at an estimated cost of Rs474 billion aimed at increasing the country’s depleting water storage capacity.
PIAF chairman Irfan Iqbal Sheikh also asked the government to start work on Kalabagh Dam without any further delay. Chairman PIAF observed that KBD is the most thoroughly studied project by world’s top experts, reviewed by noted international panels of professionals and thoroughly appraised by the World Bank. The project is located in the middle of load centre, easy to approach and no long distance transmission lines are required for it. It is ready for construction since mid eighties and international financing from World Bank or Asian Bank can still be easily arranged.
