Diamer Bhasha Dam fund: New initiative floated to raise funds
Shares
*MULTAN* - The business community of southern Punjab has proposed the government to list the Diamer-Bhasha dam in domestic and international stock markets to generate funds, it was reported on Wednesday.
In a statement, Multan Chamber of Commerce and Industry (MCCI) President Malik Asrar Ahmed Awan suggested that investors should be made shareholders in the construction of the dam and government should provide a guarantee to attract investment.
He said that by introducing shares of Diamer-Bhasha dam in the said markets, the government could earn billions of dollars as this is one of the most attractive projects for investors.
He said that so far only Rs3 billion have been donated for the dam fund and its construction requires around Rs1,500 billion, urging the business community to contribute generously for the noble cause.
