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A Cost-Benefit Analysis of Building a Dam in Pakistan: To Mitigate Floods, Promote Tourism, Boost Agriculture, and Generate Electricity.

Introduction

Every year, Pakistan is on the verge of a serious water crisis. It is expected that the crisis of water shortages in Pakistan will reach an alarming level in the near future. Water degradation, climate change, particularly recent global warming, overuse, misuse, diminishing water availability, a lack of water management policies, pollution, population growth, and environmental neglect have all contributed to this crisis. This has undermined Pakistan's economy.


Floods in Pakistan have adversely affected livestock, infrastructure, lives, and property, as well as agricultural land and crops. Floods negatively impact agricultural production and the country's economy without adequate water management.  The travel and tourism sector in Pakistan plays a crucial role in the country's economy and contributes to its growth and development. However, despite its potential, this sector remains unsatisfied and faces several challenges and limitations. Furthermore, Pakistan faces a persistent electricity shortfall that has led to the implementation of load shedding across the country. The shortage in electricity supply has become a significant issue for both businesses and consumers, impacting the economy and overall quality of life.


Methodology

Building dams has emerged as a crucial strategy for addressing various issues related to water resource management, flood control, and hydroelectric power generation. This paper provides a comprehensive and actionable plan that takes into account the unique challenges and circumstances of the situation the country is facing and explores the potential benefits of building dams as well as provides recommendations and solutions for the government to excellently implement these programs. The paper also relies on numerous assumptions and considerations in order to conduct a comprehensive analysis. One notable limitation is that the exact data on the construction costs of the dam was not available in the recommendation project. As a result, several assumptions have been made to complete the analysis and provide a balanced assessment. In order to ensure that the recommendations are as accurate as possible, a sensitivity analysis has been conducted to test a number of the assumptions. This analysis allows us to evaluate the impact of varying input values on the overall conclusions and recommendations.

Findings

The paper aims to analyze the cost-benefit analysis of building a big dam to mitigate floods, promote tourism, boost agriculture, and generate electricity. The cost-benefit analysis conducted in the paper has demonstrated the significant benefits of constructing such a dam.

It will provide significant relief to Pakistan's agriculture sector by reducing the negative effects of floods.

This dam will offer opportunities for sustainable growth and economic progress through tourism, fishery licenses, eco-friendly parks and guest houses, and recreational activities.

Moreover, the project offers an opportunity to harness clean energy for Pakistan.

Lead

Shahzad Ismail

Publication

Jan -2024