President emphasises learning from Chinese expertise

ISLAMABAD (APP) - President Asif Ali Zardari has emphasized the need for stepped up efforts in learning from the Chinese experience in power generation, agriculture and water usage. He said that water and power issues will continue to haunt countries like Pakistan for the foreseeable future and said that "we must redouble our efforts in this regard." The President expressed these views while presiding over a meeting held here at the Aiwan-e-Sadr on Saturday to review the progress on various developmental initiatives between Pakistan and China on the eve of the President's forthcoming visit to China starting from February 20. The President further said that water issues will have a profound impact on inter-state and intra-state relations and advised that "we should make the most use of our water resources." The meeting was attended by Minister for Defence, Chaudhry Ahmed Mukhtar, Special Assistant to PM on Water Resources, Kamal Majidullah, Special Envoy to China, Khalil Ahmed and Secretaries and senior officers of Foreign Affairs, Industries, IT and Telecom and Chairmen of WAPDA, Board of Investment and PARC. Chinese Ambassador to Pakistan, Luo Zhaohui also attended the meeting by special invitation. The various developmental initiatives between the two countries that were reviewed pertained to the energy and power, agriculture, information technology and telecom, petroleum and natural resources, commerce, defence and banking sectors. A detailed presentation was made by representatives of different ministries and organizations about the status of the ongoing cooperative developmental projects and the new initiatives recently undertaken between the two countries during the President's last visit to China in October last. Chairman WAPDA Shakeel Durrani informed the meeting that the Chinese had agreed to provide 449 million dollars as supplier's credit for the Neelum Jhelum hydel project and an agreement to this affect will be inked by May this year. The project will cost over two billion dollars and inject 969 MW power in the national grid. He also informed the meeting that a letter of intent LOI had been issued to a Chinese Company for building the over 2 billion dollars 1100 MW Kohala power project on build, operate and transfer (BOT) basis. He said that detailed feasibility and engineering drawing for the Kohala power project would be ready by August this year.

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