China, Pak to construct dam in occupied area
Pakistan and China have inked a MoU on construction of a hydro-power station at Bunji in Northern Areas.
Beijing: Pakistan and China have inked an
MoU on construction of a hydro-power station at Bunji in
Northern Areas, a move that is expected to draw ire from India
which maintains that Islamabad cannot undertake any project in
the territory under its illegal occupation.
The MoU was part of over six Memoranda of Understanding
signed during the ongoing visit of Pakistan President Asif Ali
Zardari to China.
Pakistan`s Presidential spokesman Farhatullah Babar said
that the centrepiece of Zardari`s visit had been signing of
the MoUs for cooperation in education, fisheries, agriculture,
dams and investment.
He said the most important of them was the construction
of a hydro-power station at Bunji in Northern Areas on `Build,
Operate and Transfer` (BOT) basis, which means that all the
investment will be made by Chinese entrepreneurs, Pakistan`s
official APP news agency reported.
India has been maintaining that the Northern Areas have
been illegally occupied by Pakistan.
The dam is estimated to cost between six to seven billion
dollars and will have a capacity to generate 7,000 megawatts
Babar also said the Pakistan President has invited
Chinese companies to bid for construction of over a dozen
small and medium-sized dams in all the four provinces of
Pakistan. Out of these dams, five will be in Balochistan, four
in Sindh and two each in NWFP and Punjab.