European company to invest in Bhasha Dam project

MADRID: European Investment Company and Nordic Investment Bank will invest through consortium in Pakistan’s major water reservoir project of Bhasha Dam. CEO of the above bank said this to the Federal Minister Finance, Ishaq Dar during their meeting here. Ishaq Dar briefed NIB Bank and European Investment Company about investment opportunities in other areas. The banks’ chiefs said they are also considering bringing investment in hydro-power projects in Pakistan.