Pakistan seeks help for 54 mega projects: Steel Guru

Business Recorder reported that Pakistan has sought assistance from Friends of Pakistan for 54 mega development projects including USD 8.4 billion Diamer Bhasha dam and Neelum Jhelum hydropower project.

According to the sources, a formal announcement for assistance may come in the next ministerial meeting of the FOP that the Japanese government has offered to host.

Friends of Pakistan forum, considered to be President Mr Asif Ali Zardari's brainchild was launched in New York on September 26th 2008 on the sidelines of the 63rd United Nations General Assembly meeting held in New York. The FOP membership consists of countries that are also members of the aid to Pakistan consortium, which was constituted in 1960 by the World Bank in an effort to facilitate co-ordination amongst the major assistance providers to Pakistan as well as for other debtor countries.

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