BEIJING: Chinese Company Three Gorges has announced to invest in two hydro power projects in Pakistan.
Pakistan President Asif Ali Zardari has met with Chairman of Three Gorges Corporation Cao Guangjing. After the meeting, Cao Guangjing while giving a briefing to media he said that his company Three Gorges has agreed to invest more than $ 100 billion in two hydro power projects in Pakistan. For this purpose at the point of Bunji in Gilgit Baltistan, a dam of 7,000 MW, whereas 12, 00 MW dam at Kohalla will be constructed.
During the past two years over five dozen new initiatives and nearly forty MoUs were signed between the two countries.This activities is proved of good relationship between both countries