France keen to enhance financial assistance in Pakistan’s water sector

ISLAMABAD: Ambassador of France to Pakistan Dr Marc Baréty called on Ministry of Water Resources Secretary Shamail Ahmad Khawaja on Wednesday.

Embassy of France Economic Department Head Philippe Fouet accompanied the French ambassador.

The water resources secretary welcomed the French ambassador and after changing pleasantries with him gave a brief rundown of the overall water sector of Pakistan.

The secretary thanked the French government for extending the financial assistance for the development of Harpo hydropower project, refurbishment of powerhouse of the Mangla Dam Project, rehabilitation of Hydropower Training Institute in Mangla, second rehabilitation of Warsak Dam, detailed engineering design of Mohmand dam as well the upcoming assistance for rehabilitation of Chitral and Dargai hydropower projects.

The secretary also briefed the visiting delegates about the nascent ministry’s achievement with regard to formulating the country’s first ever National Water Policy approved by the apex constitutional forum of Council of Common Interests, which is headed by the Prime Minister Imran as well as all chief ministers of the federating units of the country.

He also apprised the delegates about the signing of Pakistan Water Charter by the prime minister and all the four chief ministers as a pledge to continue the development of water sector regardless of any political affiliation.

The French ambassador shared the interest of his government particularly in the water and hydropower sector and mentioned about the assistance being extended by the French govt with regard to facilitating the development in Pakistan.

He shared that the current portfolio of financial assistance amounted to €800-900 million which becomes €100-150 million per annum, adding that the French government was considering to increase the assistance to €500 million per annum depending upon the requirements.

He also informed about various projects being executed in Faisalabad with the assistance of the French treasury.

The envoy stated that the French government gives importance to the development of Pakistan both in terms of providing funds as well as imparting training to build the capacity of Pakistani institutions.

The secretary welcomed the gesture of goodwill and cooperation extended by the French ambassador on behalf of his government.

Must Read

Gold price in Pakistan for today, November 22, 2024

Gold prices in Pakistan fluctuate frequently based on international market trends. The rates listed are provided by local gold markets and Sarafa Markets in...