LAHORE - Senior Provincial Minister Raja Riaz Ahmed has said the command area development project phase-I has been started in which 725 watercourses will be built at a cost of Rs 2 billion and 350,000 acre land would be irrigated in the province. He was talking to a delegating of cultivators of the area here on Friday. Raja Riaz said present government had given top priority to increase the number of water channels. He said in the Potohar Area a feasibility of 24 new small dams was under way which would cost Rs. 90 million. He added that construction of new dams was a dire need of the hour and work on 16 sites had started on priority at an allocation of Rs. 37 million. Raja said in districts of Rawalpindi, Chakwal, Attock and Jhelum, a geological survey was also underway which would help construct new small dams in the area. He said the dams would not only generate 50 to 100 mega watt electricity but also provide an opportunity to extend resources for irrigation and help cultivators. Foreign firms team meets Ahsanuddin A delegation from Spains leading construction company Barcons and UK based business development company UT3 called on consultant to chief minister Punjab on economic affairs and Vice Chairman Punjab Board of Investment and Trade (PBIT) Pir Saad Ahsanuddin to finalize plan for a mega project in low cost housing in Punjab. The delegation included Dr. David Crawford, Executive Director of UT3 and Jesus Lopez Floria, Managing Director, Barcons. The officials discussed the technology transfer proposal of large-scale low cost housing using rapid construction technologies through joint ventures with private construction companies based in Punjab. For this Pir Saad introduced the investors to local counterparts who can potentially partner for this project. Punjab Government Servants Housing Foundation will be part of this project as it materializes. PBIT provided relevant local data specifications, which Barcons will use to calculate the new cost structure according to Punjab housing guidelines. UT3 may also invest in Punjabs transport sector and the proposal for this will be finalized in the coming weeks. Pir Saad said that PBIT is committed to facilitating projects that impact development of infrastructure in Punjab and will promote cutting edge technology from around the world.