ISLAMABAD: The Asian Development Bank has approved a financing of $5 million for preparation of design and planning of the Naulong Integrated Water Resources Development project in Jhal Magsi, Balochistan.

The financing will ensure high-quality design, stakeholder engagement and safeguards and procurement readiness and support of the ensuing project. It builds on the project planning documents, including the feasibility study and associated studies commissioned by the Wapda.

The readiness financing will validate the project design and update social and environmental safeguards and other due diligence assessments. The financing has already been included in the ADB’s indicative country operations business plan for Pakistan covering the period between 2021 and 2023.

The project will support investment in water resources infrastructure, water management and skills development through an inclusive and gender sensitive social mobilisation processes and enhance climate and disaster resilience and improve agriculture productivity and livelihood opportunities.

The project is estimated to cost $300m with ADB’s loan financing of $100m. The financing will facilitate timely and cost-effective achievement of the project’s outcome.

The pro forma-I for the project readiness financing has also been approved by the Planning Commission. Pakistan has committed to mitigate climate vulnerability and reduce its annual greenhouse gas emissions by 20 per cent till 2030.

About 70pc of farmers in Balochistan do not have access to regular source of water. Variability in water availability in Balochistan is far higher than the national average, and per capita water storage is only 20pc of the national average that itself is already grossly inadequate in comparison to other countries in the region.

Extended droughts and destructive flash floods are common, and are likely to worsen with future climate change projections.

Published in Dawn, November 4th, 2022

Opinion

Editorial

Trump 2.0
Updated 21 Jan, 2025

Trump 2.0

Few have forgotten how disruptive Trump could be as president. There has been little indication that his 2nd term will be any different.
GB’s status
21 Jan, 2025

GB’s status

THE demand raised by the people of Gilgit-Baltistan for constitutional clarity and provisional provincial status is...
Panda bond
Updated 21 Jan, 2025

Panda bond

ISLAMABAD’S plans to raise $200m from China’s capital markets through the inaugural issue of a Panda bond this...
At breaking point
Updated 20 Jan, 2025

At breaking point

The country’s jails serve as monuments to bureaucratic paralysis rather than justice.
Lower growth
20 Jan, 2025

Lower growth

THE IMF has slightly marked down its previous growth forecast for Pakistan’s economy from 3.2pc to 3pc for the...
Nutrition challenge
20 Jan, 2025

Nutrition challenge

WHEN a country’s children go hungry, its future withers. In Pakistan, where over 40pc of children under five are...