
Russia wants Pakistan dam project without bidding
Russia wants to be awarded the construction contract for the $13 billion Diamer Bhasha Dam without resorting to international competitive bidding.
According to sources, Pakistan and Russia are likely to strike a final deal on the dam during visit of Russian President Vladimir Putin to Islamabad next month.
"A meeting of Pak-Russia inter-ministerial commission will be held before the visit of Russian president, which will work out a mechanism for financing mega projects," a government official said.
According to the official, it was just a preparatory meeting to discuss different projects, which could be tabled during deliberations with the Russian president.
Faced with water and power shortages, Pakistan is looking for funds from China and Russia, who in turn want a government-to-government deal without international bidding.
The Chinese government has already offered Pakistan skilled labour for the construction of Bhasha Dam. China has 17,000 skilled workers, who have worked on the giant Three Gorges Dam, which is producing 30,000