Friday, October 12th, 2018
NAB to Probe Rs80 Billion ‘Scam’ in Land Acquisition for Diamer-Bhasha Dam
As of October 12, nearly 5 billion rupees in public donations have been raised for the dam OCT 12, 2018: The country’s top anti-graft agency will investigate alleged financial embezzlement of billions of rupees in the land acquisition process for Diamer-Bhasha Dam project, report Pakistan Today as efforts continue for crowdsourcing the $14 billion dam. Citing unnamed sources, the paper said the National Accountability Bureau (NAB) has initiated a probe into the land acquisition process which may or may not have been as transparent as claimed by previous governments. AlthoughRead More
Nature-Based Solutions In Tandem With Grey Concrete Dams
Grey infrastructure may no longer provide their envisioned benefits because hydrological parameters and patterns are changing VLADIMIR SMAKHTIN: Almost every day we hear news about catastrophic flooding or drought somewhere in the world. And many nations and regions are on track for even more extreme water problems within a generation, the latest IPCC report warns. Extreme floods and droughts have a profound impact on development, particularly in less developed parts of the world. About 140 million people are affected — displaced by the loss of incomes or homes — andRead More
PEC Offers Construction of Diamer Basha Dam for Rs500 Billion
OCT 11, 2018 (BE2C2 Report): Pakistan Engineering Council (PEC) Chairman Javed Saleem Qureshi on Thursday offered his institution’s services for the construction of Diamer Basha Dam with an approximate cost of Rs500 billion. The offer was made by PEC chairman while talking to media in Islamabad amid reports that the Water and Power Development Authority (Wapda) has decided to establish its own consultant group by December this year that would assist it in initiating commencement and completion of the civil and other works on fast track besides building capacity ofRead More
Gwadar Free Zone Receives $474m Investment
OCT 11, 2018: At least 30 companies in different businesses such as hotel, bank, logistics and fish processing have entered the free economic zone of Gwadar port city with direct investment of about $474 million with expectations of generating $790 million after full operation, said Gwadar Port Authority chairman Dostain Khan Jamaldini. “The first phase of Gwadar’s free zone has already been inaugurated,” said Jamaldini in an interview with China Global Television Network (CGTN) on Friday. While commenting on the progress and achievements of the project over the years, heRead More