The Karachi Water and Sewerage Board (KWSB) and the China International Water and Electric Corporation (CWE) signed a Memorandum of Understanding (MoU) on Thursday for cooperation in the Greater Karachi Water Supply Project K-IV.
General Manager CWE (Pakistan) Li Zhilli and Managing Director KWSB Misbahuddin Farid signed the MoU at the KWSB Secretariat in the presence of Secretary Local Government Ali Mohammad Lund.
Speaking on the occasion, the MD KWSB said that the development work on the K-IV project has been initiated following the approval by the ECNEC and the provincial government.
He said that after the completion of this project, Karachi would become self sufficient in water for the next 20 years with 1200 cusecs additional supply and 400 million gallons daily supply, he added.
“This project is important not only of Karachi but also for the Pakistan’s economy and it will bring positive change in industrial, trade and business activities as well as environment in the city,” he said.
Farid expressed his gratitude to Governor Sindh Dr Ishrat-ul-Ebad and Chief Minister Qaim Ali Shah for showing special interest in the K-IV project. He also thanked Secretary Local Bodies Ali Mohammad Lund for his cooperation in this regard.
The MD KWSB said that the MoU has been signed with the approval of the Sindh government, adding that the cooperation would be crystal clear and all rules and regulations, including that of Sindh Public Procurement Regulatory Authority (SPPRA) would be followed in this regard.
“The KWSB values its relationships to ensure better strategies for the completion of its development projects, but all strategic plans will be checked by the Water Board consultants and CWE will be tendering as per the SPPRA rules,” he added.
According to the MD KWSB, the CWE will help the water utility in acquiring soft loan at one per cent interest from China. However, this is subject to the approval by the Chinese government and the Sindh government. The CWE will commence its work in 90 days.
Speaking on the occasion, Zhilli said that CWE happens to be a large state-owned enterprise and one of the few key Chinese enterprises specialising in international construction, mainly in the areas of infrastructure, roads & bridges, irrigation, hydropower, electrical engineering and housing.
According to Farid, CWE has been active in Pakistan since 1980 and it has successfully completed 23 projects in the country. Currently, several projects are underway, including Mangla Dam rising project (resettlement works), Karachi Port’s dredging and reclamation project, Khanewal project (M4), rehabilitation of upper and lower Nara canals, rehabilitation of Makhi Complex and Khipro Canal with a total contract value of over USD 800 million.
“K-IV is the largest project in South Asia region and it is an important milestone in the development of the economic backbone of Karachi as well as Pakistan,” he said.
Assistant General Manager CWE Ms Dong Wenting, Chief Accountant CWE (Pakistan) Gao Rui and Zhu Bao, and all the KWSB’s deputy managing directors, chief engineers and other officers concerned were present at the MoU signing ceremony.