Lao Petroleum & Chemical Co. Ltd (Laopec), a China-Laos joint venture, has launched first phase production of its three million tons/year refinery project in Lao capital Vientiane on Monday.
Doosan Heavy Industries will complete the construction of the 728-megawatt hydropower plant in the middle Mekong river in Laos by 2029, the company said.
The effects of the pandemic have been widespread and have been felt not only by the Nam Kong 1 dam, but by many other development projects.
The Xe-Pian Xe-Namnoy hydropower project in southern Laos’ Attapeu province has rebuilt a saddle dam at the reservoir after the previous one collapsed two years ago, causing a devastating flood.
Laos should widen the project’s impact assessment and propose additional measures to mitigate potential adverse impacts from the dam, according to a public regional forum organised by the MRC
May not buy electricity from Sanakham dam in Laos after it learned the project might affect the Mekong River.
Ensuring that tourism revenue is distributed in an inclusive manner will be key to funding management work as well as directly benefiting local communities.
But experts fear the coronavirus health crisis and increasing debt to China may prevent Laos from reaching its goal.
The first reason for the surge in financial liability was the huge loans taken on to finance the construction of hydropower projects, which significantly fuelled public debt.
Dam construction and the ensuing displacement are playing a role in exacerbating the impacts of climate change and their inequities.