Pakistan stops bid on Diamer-Bhasha Dam. Beijing placed strict conditions including ownership of the

[Trango Towers]

This is a most encouraging development. It means that Pakistani decision-makers have not been swept off their feet by Chinese broad-brush approaches, and that they still carefully apply their minds before coming to any decision. In this mesalliance, only such constant vigil will preserve the smaller partner.

Well done.

it will be renegotiated. this always happens in business. been there many times.

 

[Chak Bamu]

it will be renegotiated. this always happens in business. been there many times.

That is exactly what I thought.

On the other hand, the great bulk of funds would come out of public sector development funds. This is problematic because HDI would get a hit. It would be worthwhile to tap the Army for a little budget cut. I am not an expert on security affairs, but a dent in public sector development would certainly restrict options to deal with militancy in future.

If the growth picks up further, and tax revenues keep pace with GDP growth, then this is doable. Otherwise, Pakistan would be stuck with a white elephant project. This is all the more reason to continue to push for institutional development and improvement of Constitutional systems. That is the only guarantee for continued growth and development. If institutions continue to step out of their domains, there would never be enough stability to pursue sane long-term policies.

The one good thing is to treat building of the dam and installation of expensive machinery as two separate issues. Once the dam building in underway, other countries and commercial entities would want to make profits by the selling machinery and services. Again, continued strong growth and stability is the key.

 

[Bashido]

A further light on some of the incidents will be very appreciated.

Thanks.

Railways
ML-1 upgradation., where chinese want to finance this project on 2 percent while railways want to lower this rate. Further, Chinese are asking to give project only chinese firms but Railways minister have categorically said that in bidding process anyone from anywhere can participate. If chinese companies comply to bid then we will not have issue. This project also in duldrung and talks are underways. on upcoming JCC meeting, this matter will be resolve. This project worth of 10 billion dollar.

 

[ghazi52]

 

[qamar1990]

So, who is going to fund the project now? India or the US with similar or worse conditions?

No doubt, Pakistan will return to China for investment.

if they want to own the project then its better to wait and make it on our own.

 

[ziaulislam]

That is exactly what I thought.

On the other hand, the great bulk of funds would come out of public sector development funds. This is problematic because HDI would get a hit. It would be worthwhile to tap the Army for a little budget cut. I am not an expert on security affairs, but a dent in public sector development would certainly restrict options to deal with militancy in future.

If the growth picks up further, and tax revenues keep pace with GDP growth, then this is doable. Otherwise, Pakistan would be stuck with a white elephant project. This is all the more reason to continue to push for institutional development and improvement of Constitutional systems. That is the only guarantee for continued growth and development. If institutions continue to step out of their domains, there would never be enough stability to pursue sane long-term policies.

The one good thing is to treat building of the dam and installation of expensive machinery as two separate issues. Once the dam building in underway, other countries and commercial entities would want to make profits by the selling machinery and services. Again, continued strong growth and stability is the key.

the benefit of bhasha dam in electricity production(even if no turbines are added due to more water availability down stream), water avaiblity and pure construction work will outweigh any effect what so ever

remember a dam will add 1-2% to GDP growth
and govt will just have to spend 50 billion rupees every year(if project is taken as hole rather than phase construction)
you can easily finance projects if you dedicate some funds, banks dont want to take risks and thus are not ready for 100% financing but are ok with partial financing

i am ok skipping a metro project or portion of motor way for this project as its benefits far out weight ANY OTHER INFRASTRUCTURE PROJECT in Pakistan

the benefits taken from isl-Rawalpindi metro which cost around 150 billion ruppes (the amount needed to finance basha dam if done in phase manner) is far far far smaller as compared to this dam

the real reason is simply lack of political will, dams are not build fast and dont bring votes

 

[WhyCry]

This is bad news for the friendship that is higher chinese production, lower than pakistani standards and phala dikna.