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China to invest in two dams in Pakistan


China to invest in two dams in Pakistan

Chinese Company Three Gorges has announced to invest in two hydro power projects in Pakistan, SAMAA reported Wednesday. Pakistan President Asif Ali Zardari has met with Chairman of Three Gorges Corporation Cao Guangjing. After the meeting, Cao Guangjing while giving a briefing to media he said that his company Three Gorges has agreed to invest more than [$ 10 billion] in two hydro power projects in Pakistan. For this purpose at the point of Bunji in Gilgit Baltistan, a dam of 7,000 MW, whereas 12, 00 MW dam at Kohalla will be constructed. Zardari s visit aims at strengthening strategic partnership will also promote economic and trade cooperation and enhance cultural ties between the two countries.Ltd. Hydroworld

Pakistan Tribune however reports the investment size to be $10 billion

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