Saudi Arabia to make huge donation for Diamer Bhasha Dam

ISLAMABAD: Saudi Arabia has decided to grant funds to Pakistan for Mohmandand Diamer Bhasha Dam projects.

Islamabad and Riyadh will sign MoU in this regard during the visit of SaudiCrown Prince Mohammad Bin Salman.Sources said Pakistan and Saudi Arabiawill sign MoU of 1.270 billion Saudi Riyal for five energy projects in thecountry.

A summery regarding Saudi Funds for Development and MOU in this regard willbe presented in the federal cabinet tomorrow.

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According to the document, Saudi Arabia will provide 375 million SaudiRiyal for Diamer-Bhasha Dam and 300 million Saudi Riyal for Mohmand Dams.