ISLAMABAD: Prime Minister Imran Khan will visit the site of the Diamer-Basha Dam next week to review construction activities there.
Construction work on the project, a multi-purpose reservoir that is being constructed on Indus River, began in May last. The project is aimed at addressing water storage for agriculture, mitigating flood threats and generating cheaper power.
According to a previous statement, the 6.4 million acre-feet (MAF) water storage capacity of the dam will reduce the current water shortage in the country of 12 MAF to 6.1 MAF. It will add 35 years to the life of the Tarbela dam by reducing sedimentation.
An area of 1.23 million acres of land will be brought under agriculture use due to the new dam which had remained in limbo for decades due to various reasons.
The government in May last had signed an Rs442 billion contract with a joint venture of China Power and Frontier Works Organisation (FWO) for the construction of the dam.
The Chinese state-run firm holds 70 percent and the FWO, a commercial arm of the Armed Forces of Pakistan, 30pc share in the consortium. The contract covers the construction of a diversion system, main dam, access bridge and the 21MW Tangir hydropower project.
At the time, the prime minister was informed that the construction of the dam will create 16,500 jobs and utilise a large quantity of cement and steel which will boost our industry, in addition to its main purpose of water storage and producing 4,500 MW of cheap and affordable electricity.