ISLAMABAD: China should finance Pakistan’s one of the biggest power projects, 4500 MW Diamer-Bhasha dam, as almost all the international financial institutions have refused to support it.
United International Group Chairman Mian Shahid said this in a statement. He added that Pakistan cannot become a stable country in absence of big dams therefore politicians should shun differences on Kalabagh dam and Pakistan should try to get funding for Diamer Bhasha dam from Chinese govt.
Shahid said that newly-established Asian Infrastructure Investment Bank should provide the financing for investment in this mega project which Pakistan has been pursuing for many years despite opposition from multilaterals and a neighbouring country. He said that masses would not have faced the problem of floods if mega dams were constructed therefore all politicians should unite in the national interest.
Mian Shahid said that dams are imperative to resolve energy crisis which has crippled economy creating multiple problems for the society. He said that all the patriotic forces should join hands for early construction of the projects that are considered lifeline for the country.
Lingering issue of the KBD has potential to fuel conflicts therefore this matter of national importance should be resolved forthwith, he added.
