AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

imageISLAMABAD: The Asian Development Bank (ADB) and the Government of Pakistan Tuesday signed an agreement to invest US$ 73 million in rehabilitating Pakpattan Canal and Suleimanki Barrage in Pakistan's Punjab province.

"The rehabilitation of Pakpattan and its linked cannels, and installation of new gates at Suleimanki barrage will reduce water losses and will improve water delivery systems benefitting about 2.6 million people in four farming districts," said Werner Liepach, ADB's Country Director for Pakistan.

"The Pakpattan Canal and Suleimanki Barrage Improvement Project is part of the phased up-grading of Punjab's obsolete irrigation infrastructure and associated facilities.

An efficient irrigation system is vital to maintain agricultural outputs and competitiveness, this project aims to rehabilitate nearly century old canals and barrage to ensure reliable water supply vital to boost incomes of farming families in the country's breadbasket districts. he added.

The annual water leakages through damaged gates of the Suleimanki Barrage exceed 267 million cubic meters, and the Pakpattan Canal and its structures are also badly deteriorated resulting in disorder in regulating flows and high losses.

In Punjab, Pakistan's most populous province, irrigated farming accounts for 26 percent of its gross domestic product and employs over 40 percent of its labor force.

The province's 14 barrages supply water for irrigation though an elaborate network of 22 main and link canals.

The investment is part of the $900 million multi-tranche finance facility (MFF) for the Punjab Irrigated Agriculture Investment Programme (PIAIP) approved by ADB in 2006 to co-finance investment in Punjab's irrigation sector.

The first two tranches were invested in improving the Lower Bari Doab Canal, Balloki Barrage and the New Khanki Barrage.

The ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth and regional integration. Established in 1966, it is owned by 67 members -- 48 from the region.

Comments

Comments are closed.