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The Saudi Development Fund delegation headed by Chief Engineer Abdullah Al-Shoaibi had reached Islamabad along with Engineer Yaser Al-Bakri and Engineer Muhammad Al-Masood to monitor and follow up the implementation of Neelum/Jehlum hydroelectric power project.
The Saudi delegation visited the site and examined the progress of the work. A number of meetings were held with Executing agency, the consultant of the project and the contractor. In the mean time, the Saudi Development Fund delegation held several meetings with a number of officials in the Ministry of Water and Power and the Ministry of Economic Affairs Division to over see the projects funded by the Saudi Fund.
The Pakistani side in EAD promised to present projects in the different Provinces of Pakistan to utilise the Saudi assistance amounting ($300 million) announced during Pakistan Development Conference held on November 2010. Coinciding with the visit made by The Saudi delegation to Muzafar Abad city, the site Project of King Abdullah University was handed over to the project contractor to initiate the execution at an estimate amounting to $60 million with duration of three years.-PR

Copyright Business Recorder, 2011

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