LAHORE – The United States Agency for International Development (USAID) has released the first tranche of $20 million to the Pakistan Water and Power Development Authority (WAPDA) for the Gomal Zam Dam Project. The USAID had signed an agreement with WAPDA last month for providing $40 million to help complete the Gomal Zam Dam Project.
Had this financial assistance not been provided, construction work on the project would have virtually ground to a halt due to lack of funding through Public Sector Development Programme (PSDP). The release of $20 million to WAPDA is a vital development towards the completion of Gomal Zam Dam Project. It is pertinent to mention that the project is at an advanced stageand is expected to be completed during 2011.
USAID issues 1st tranche for Gomal Zam Dam
