LAHORE, Jan 27 (APP):Asian Development Bank (ADB) Director for Central and West Asia, Jiangfeng Zhang, along with ADB team, called on WAPDA Chairman Lt Gen (Retd) Muhammad Saeed here at WAPDA House on Tuesday. Matters relating to providing funds for Naulong Dam Project and National Flood Telemetry Project (NFTP) were discussed in detail during the meeting. WAPDA Member (Finance), Member (Water), Member (Power) and other senior officers also attended the …
ADB keen to fund NFTP, Naulong Dam
LAHORE, Jan 27 (APP):Asian Development Bank (ADB) Director for Central and West Asia, Jiangfeng Zhang, along
with ADB team, called on WAPDA Chairman Lt Gen (Retd) Muhammad Saeed here
at WAPDA House on Tuesday.
Matters relating to providing funds for Naulong Dam Project and National Flood Telemetry
Project (NFTP) were discussed in detail during the meeting.
WAPDA Member (Finance), Member (Water), Member (Power) and other senior officers
also attended the meeting.
Speaking on the occasion, the ADB Director said that Asian Development Bank would continue
working with WAPDA by deepening its ties for implementation of the climate-resilient projects
in Pakistan. He also appreciated WAPDA for its technical expertise in harnessing water
resources in the country.
Earlier, WAPDA Chairman thanked ADB for its support in handling the precious water
resources in Pakistan. It was agreed during the meeting that the pre-requisites for both projects,
National Flood Telemetry Project in particular, would be timelined to fast-track the
financing arrangements and, thereafter, initiating construction work on the projects.
It is important to note that ADB has already shown keen interest in providing funds for
Naulong Dam and National Flood Telemetry Project.
