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Friday, January 11, 2008

Laos and Vietnam to join hand in hydropower development


(KPL) An MoU on the construction of the Dak-Imeun hydropower station, a co-operation project between Laos and Vietnam, was signed on 8 January in Vientiane between Mr. Thongmy Phommisay, Deputy-Minister of Planning and Investment, and Mr. May Huy Tan Tan, President of the Viet-Laos Power Development.
Mr. Somsavat Lengsavad, Standing Deputy Prime Minister who is also the Chairman of Laos- Vietnam Co-operation Committee, and Mr. Nguyen Sinh Hung, Deputy Prime Minister of Vietnam, and senior officials concerned from both sides witnessed the signing ceremony.
A feasibility study for the project will start after the signing of the MoU and the project will be constructed from 2009 to 2013 with a total investment of US$ 155 million.

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