{"id":84828,"date":"2022-03-23T10:00:00","date_gmt":"2022-03-23T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=84828"},"modified":"2022-03-22T16:19:02","modified_gmt":"2022-03-22T11:19:02","slug":"mohmand-dam-usd-180-mn-financing","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/mohmand-dam-usd-180-mn-financing.html","title":{"rendered":"Mohmand Dam project gets USD 180 mn financing"},"content":{"rendered":"\n<p>Islamabad: The Jeddah-based Islamic Development Bank (IsDB) and Ministry for Economic Affairs on Monday (March 21) signed financing agreements worth USD 180 million for Mohmand Dam Hydropower Project, according to news sources.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/mohmand-dam-construction-schedule.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Mohmand Dam construction on schedule, expected to complete in 2026.\u2019<\/a><\/p>\n\n\n\n<p>The agreement was signed by Special Adviser to the President IsDB Mohammad Jamal Al-Satti and Secretary Economic Affairs Mian Asad Hayaud Din. IsDB President Dr Muhammad Al Jasser was also present at the contract signing. In the meeting with Minister for Economic Affairs Omar Ayub Khan, Dr Muhammad Al Jasser also discussed other matters of mutual interest.&nbsp;<\/p>\n\n\n\n<p>Moreover, a total of three framework agreements were signed under which PKR 310 billion funds will be provided for Mohmand Dam. The IsDB chief stated that the agreement signing for the Mohmand Dam project marks the start of a strong partnership between IsDB and Pakistan.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/affectees-mohmand-dam-project-pkr-4-5-bn.html\" target=\"_blank\" rel=\"noreferrer noopener\">KP CM announces special package for Mohmand Dam\u2019 affectees<\/a><\/p>\n\n\n\n<p>Reportedly, the construction contract was awarded to a consortium of Descon Engineering and China Gezhouba Group Company. The<a href=\"https:\/\/www.zameen.com\/news\/first-unit-mohmand-dam.html\" target=\"_blank\" rel=\"noreferrer noopener\"> completion deadline<\/a> of the project is set for December 2025.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Jeddah-based Islamic Development Bank (IsDB) and Ministry for Economic Affairs on Monday (March 21) signed financing agreements worth USD 180 million for Mohmand Dam Hydropower Project, according to news sources.\u00a0 Read: \u2018Mohmand Dam construction on schedule, expected to complete in 2026.\u2019 The agreement was signed by Special Adviser to the President IsDB Mohammad Jamal Al-Satti and Secretary Economic Affairs Mian Asad Hayaud Din. IsDB President Dr Muhammad Al Jasser was also present at the contract signing. In the meeting with Minister for Economic Affairs Omar Ayub Khan, Dr Muhammad Al Jasser also discussed other matters of mutual interest.&nbsp; Moreover, a total of three framework agreements were signed under which PKR 310 billion funds will be provided for Mohmand Dam. The IsDB chief stated that the agreement signing for the Mohmand Dam project marks the start of a strong partnership between IsDB and Pakistan.\u00a0 Read: KP CM announces special package for Mohmand Dam\u2019 affectees Reportedly, the construction contract was awarded to a consortium of Descon Engineering and China Gezhouba Group Company. The completion deadline of the project is set for December 2025.\u00a0<\/p>\n","protected":false},"author":83,"featured_media":63632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[51671,51669],"persona":[],"class_list":{"0":"post-84828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-islamic-development-bank-isdb","9":"tag-mohmand-dam-project-gets-usd-180-mn-financing","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mohmand Dam project gets USD 180 mn financing - Zameen News<\/title>\n<meta name=\"description\" content=\"The Jeddah-based Islamic Development Bank (IsDB) and Ministry for Economic Affairs on Monday (March 21) signed financing agreements worth USD 180 million...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/mohmand-dam-usd-180-mn-financing.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohmand Dam project gets USD 180 mn financing - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Jeddah-based Islamic Development Bank (IsDB) and Ministry for Economic Affairs on Monday (March 21) signed financing agreements worth USD 180 million...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/mohmand-dam-usd-180-mn-financing.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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