Laos’ reserves had dwindled to $864 million as of June last year, an amount insufficient to meet debt obligations totaling more than $1 billion annually until the end of 2024.
The 1,460MW Mekong hydropower project is located about 25km from Luang Prabang city and will generate electricity mainly for sale to Thailand and Vietnam when commercial operation begins in 2027.
The province is one of the biggest foreign investment projects in Laos and aims to create a green and modern town that is environmentally friendly.
People complain about having to pay more each year as more dams become operational.
Evidence discovered of varied mortuary practices at some of the sites – including primary burial of human skeletons, and also bundled or jarred collections of bones – was also dated by radiocarbon dating, suggesting activity between 9-13th century CE.
In late 2018 Mouay published a video that slammed the Lao government’s slow and inadequate response to help survivors of Laos’ worst-ever dam disaster, the July 2018 collapse of the Xe Pian-Xe Namnoy Dam in Champassak that destroyed all or parts of 19 villages, killed 71 people and displaced another 14,000 to temporary relocation centers.
Some 36 endangered wildlife species, identified by the International Union for Conservation of Nature (IUCN) Red List of Threatened Species, have been recorded in the Nakai-Nam Theun National Park in central Laos.
According to the Nam Theun 2 Power Co., Ltd., this species is known to exist in only three countries – Laos, Vietnam and China – and naturally occurring populations are only known in Laos and Vietnam.
The country’s rapid growth in exports is more remarkable considering it is the only landlocked country in Southeast Asia.
Businessmen in Laos’s Attapeu province are selling timber hidden for years in the forest after being harvested illegally, mixing it with other timber allowed by provincial authorities to be sold by local villagers, Lao sources say.