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Kuwait approves $25M loan for Pakistan’s Mohmand Dam, boosting energy and water security.
Kuwait has approved a $25 million loan for Pakistan’s Mohmand Dam hydropower project, the second tranche of a $100 million commitment made in 2024.
The funding, from the Kuwait Fund for Arab Economic Development, will support construction of the 213-meter dam in Khyber Pakhtunkhwa, designed to generate 800 megawatts of electricity annually and provide flood control and irrigation.
Officials say the project strengthens bilateral ties and advances Pakistan’s energy and water security goals.
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Kuwait aprueba un préstamo de 25 millones de dólares para la represa de Mohmand en Pakistán, aumentando la seguridad energética y del agua.