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Pakistan Water and Power Development Authority (Wapda) Chairman Lieutenant General Muzammil Hussain (retd) Friday called on French Ambassador to Pakistan Marc Barety and discussed with him the matters relating to mutual cooperation for optimal utilization of water and hydropower resources in Pakistan through various Wapda projects. Speaking on the occasion, the Wapda Chairman thanked the French government for providing financial assistance by the French Development Agency (AFD) to implement Wapda projects in water and hydropower sectors.
Highlighting the significance of foreign investment for construction of water and hydropower projects, he said the projects in both sectors offer excellent investment opportunities which can be availed by the financial institutions like that of AFD for mutual benefits. The Chairman further said he is confident that the cooperation between the AFD and Wapda will further strengthen for upcoming Wapda projects. In addition to ongoing Wapda projects, the possibility of financial support by the AFD for construction of upcoming Wapda projects was also discussed in detail during the meeting.

Copyright Business Recorder, 2018

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