A special invitation had been extended to the three Georges Dam Corporation of China to participate in the construction of the dam and other projects. - Reuters/File photo
ISLAMABAD: International bids have been invited for the construction of Bhasha dam, the president’s spokesman said after a meeting convened by President Asif Ali Zardari on Thursday to monitor the progress on Chinese-aided projects.
Talking to newsmen, Farhatulah Babar said the offer contained an incentive clause for early completion of the project.
Three Chinese companies had already expressed interest in the project. He said the feasibility study had been offered to Chinese companies.
The president was informed that the Water and Power Development Authority had invited bids for project consultancy on international competitive bid basis.
A special invitation had been extended to the three Georges Dam Corporation of China to participate in the construction of the dam and other projects.
The Executive Committee of the National Economic Council has already approved the project. It will include a reservoir for 8.1 million acre feet of water. The Ecnec sanctioned $745 million for acquisition of land and payment of compensation to people affected by the project, which will cost $12.6 billion and is likely to be completed in seven years.
The president was also briefed about the projects undertaken in collaboration with China after his visit to Beijing, Babar said.
About progress in other areas, the meeting was informed that Chinese companies had been invited to explore possibility of transfer of hybrid technology.
A Chinese delegation visited Pakistan about two weeks ago and brought hybrid rice seeds for sowing in selected areas on an experiential basis.
Other Chinese companies have offered hybrid seed of cotton and wheat and drip irrigation technology to optimise use of water and save its resources.
The meeting was informed that the Chinese Academy of Agricultural Sciences was imparting technical expertise to Pakistanis and also acting as coordinator with Chinese firms.
An MoU has been signed with the Agricultural Sciences Academy of China. The Chinese ambassador also attended the briefing.
Talking to newsmen, Farhatulah Babar said the offer contained an incentive clause for early completion of the project.
Three Chinese companies had already expressed interest in the project. He said the feasibility study had been offered to Chinese companies.
The president was informed that the Water and Power Development Authority had invited bids for project consultancy on international competitive bid basis.
A special invitation had been extended to the three Georges Dam Corporation of China to participate in the construction of the dam and other projects.
The Executive Committee of the National Economic Council has already approved the project. It will include a reservoir for 8.1 million acre feet of water. The Ecnec sanctioned $745 million for acquisition of land and payment of compensation to people affected by the project, which will cost $12.6 billion and is likely to be completed in seven years.
The president was also briefed about the projects undertaken in collaboration with China after his visit to Beijing, Babar said.
About progress in other areas, the meeting was informed that Chinese companies had been invited to explore possibility of transfer of hybrid technology.
A Chinese delegation visited Pakistan about two weeks ago and brought hybrid rice seeds for sowing in selected areas on an experiential basis.
Other Chinese companies have offered hybrid seed of cotton and wheat and drip irrigation technology to optimise use of water and save its resources.
The meeting was informed that the Chinese Academy of Agricultural Sciences was imparting technical expertise to Pakistanis and also acting as coordinator with Chinese firms.
An MoU has been signed with the Agricultural Sciences Academy of China. The Chinese ambassador also attended the briefing.
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