Diamer-Bhasha Dam to be lifeline for country's economy: PM.

DIAMER -- Prime Minister Muhammad Shehbaz Sharif on Sunday said that completion of Diamer-Bhasha dam would serve as future lifeline for country's economy, augmenting the power generation, besides boosting agriculture activities.

Speaking after a briefing over the construction of Diamer-Bhasha Dam here, the prime minister said that 4500 MW project was of immense importance for the country's economy and stressed that it should be completed ahead of its construction time line of the year 2029.

"I insist to go ahead of its timeline of 2029 and complete it by 2026-27. It will be a miracle, if we achieve it. Nothing is impossible in this world. We can achieve it if we advance in unison," he added.

The prime minister said that the project was initiated by former prime minister Nawaz Sharif during 2016 and funds were provided by the PML-N government for the land acquisition.

The prime minister said that it was a gigantic task and assured all out support from the federal government to complete the project as early as possible.

He also suggested for encouraging the international investors for future fund raising.

He also announced construction of 13km Babusar top tunnel to ensure year's round traffic flow and asked the authorities to submit a study report to his office.

The prime minister said that what happened during last four years was unfortunate.

He said early construction of the dam would be a good omen and a milestone in the country's history.

He regretted that out of 125-130MAF water, they were only saving and utilizing 25-30MAF water annually.

The prime minister observed that it would be a big success, if they saved water and mentioned that Diamer-Bhasha dam would play a vital role in water storage capacity.

It would save Tarbella dam from deposits of sediments and enhance its life span by 35 years, he added.

The dam would control flash floods, enhance agricultural productivity, besides create jobs opportunities in the area, leading to economic prosperity, he added.

The prime minister said that he would not go into the past four years, but what happened with power...