CPEC to include $26bn Diamer, Dasu dams: Ahsan

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Islamabad: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal has said that the Diamer-Bhasha and Dasu dams are a part of the China-Pakistan Economic Corridor (CPEC).

Briefing a meeting of the special committee on CPEC here, the minister said that the dams would be built at a combined cost of $26 billion. “Diamer-Bhasha and Dasu will be built at a cost of $14 billion and $12 billion, respectively.”

He said that energy projects worth $11.3 billion and $9.1 billion would be initiated in Sindh and Balochistan, respectively. The city of Gwadar will receive 300 megawatts of power projects, he added.

Ahsan said an airport built as per international standards was a part of the economic corridor project, adding that work on the western route is progressing rapidly.

The meeting was informed that the Chinese government was keen to complete the China-Pakistan Economic Corridor (CPEC) on time, and was taking measures in this regard.

The meeting was attended by Gilgit Baltistan Chief Minister Hafiz Hafeezur Rehman and his Balochistan counterpart Nawab Sanaullah Zehri, Senator Mushahid Hussain and other members of the committee.