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CHAMPION OF THE DAY
MoU signed to establish Balaa Dam
A memorandum of understanding was signed with Iran’s Ministry of Energy to establish a water Dam in Balaa and a nearby potable water treatment plant . The Iranian government will fund the project, expected to cost $40 million.
An Iranian firm will be tasked with planning and managing the dam. Construction will be undertaken by a local firm to be assigned at a later stage.
The execution of the dam will take three years. The project requires Cabinet approval.
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Nov 16, 2012
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