While many markets, including the United States, Europe, and East Asia, shift away from coal, Chinese banks, energy and construction companies remain committed to financing and building dozens of plants in Indonesia, Vietnam, Cambodia, and Laos.
The first exportation of Lao cattle to China reflects the in-depth development of the China-Laos economic and trade cooperation, the Chinese embassy said in a statement issued on Thursday,
In addition, the project will strengthen the consensus between China and Laos in addressing climate change and green and low-carbon transition, and boost the regional cooperation between China and countries in the Indochina Peninsula in tackling climate change.
PPs that have joint ventures with EDL-Gen include Nam Theun 1, Nam Dik 1, Nam Phoun, Nam Bi unit 1-3 and Pak Beng, which are currently under construction.
Best International Feature Film: The Rocket (2013). Filmed in Laos, the movie opens with the main character, a young boy, swimming down to the depths of a lake to visit his old village, now inundated beneath a reservoir created by a hydropower dam. Soon, his relocated village must move once again to make way for yet another reservoir; a character in a temporary encampment laments that the country is selling electricity to “all of bloody Asia” with none left for them.
Laos is getting a new round of aid and investment offers this year as foreign governments hope to dilute China’s increasing influence over the poor, landlocked country, observers in the region say.
Families have taken occupancy of 153 newly-built houses, while the construction of another 547 houses is underway, local daily Vientiane Times reported on Monday.
A Chinese company has signed an agreement with Lao authorities to study the prospects for development of 5,000 hectares of land in southern Laos’ Attapeu province, raising concerns among residents that investors will take more land over time, destroying local livelihoods.
Countries in the Lancang-Mekong area such as Cambodia, Laos and Myanmar have advantages in growing bananas such as lower labor costs and better weather conditions, Wang Anbang, head of the cooperation project for the region’s banana industry, said.
Parts of the Mekong River in Laos have risen suddenly during the dry season by as much as 12 cm in one day, threatening fish stocks, wildlife and aquatic plants vital to livelihoods.