Irrigation water sector is playing pivotal role in agricultural production and have prominent contribution to GDP (Gross Domestic Product) both at provincial and country level. Many of the stakeholders including different ministries/department of Federal and Provincial governments, private sectors, farmers, and NGOs (Non-Government Organizations) are investing in this sector. Although that the data and data analysis tools are present in most of the countries, yet a comprehensive information base on investments in irrigation water sector is missing. This has led to duplication at resources and beneficiaries? level on one side, as well as gaps in technical, infrastructural, institutional and managerial strategies of the irrigation water sector projects on the other. This paper analyzes investments in irrigation water sector made by government of KPK (Khyber Pakhtunkhwa) during the last 10 fiscal years? time period (2003-2013) and identifies gaps. Besides recommendations are also made in order to overcome the identified gaps/issues