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Sunday, February 22, 2009

Russians are coming to invest in Sekong province

(KPL) Russian investors are coming to Sekong province and some of them are targeting two sectors, energy and mining.
Provincial Governor, Dr Khamphanh Phommathat warmly welcomed the Russian ambassador to Laos, Mr Vladimmir Plotnikov and his entourage when they visited Sekong province on 3 February.
The ambassador said that his country is supportive of Russian investors to this province, especially in energy and mining.
In 2008 Russia invested in a hydropower project, Sekong 4, with a capacity of 600 MW and another such project of Sekong 5.
Dr Khamphanh said that Russia’s investment would support and strengthen the relationship between Laos and Russia and create jobs for the local people

1 comment:

Anonymous said...

. . . and displace the local people, and destroy their traditional way of life, and "modernize" them because they need it . . . don't pretend it's to improve the local people's lives, admit it's for profit and to exploit their resources