, Vietnam

Laos to hold hydropower plant project on Mekong River

Mekong River nations will meet on December 7 to decide whether to endorse the project.

In a Bloomberg report, Deputy Prime Minister Thongloun Sisolit said that Laos will wait for “positive signals” from its neighbors before it builds the $3.7 billion Thai-financed Xayaburi hydropower plant on the Mekong River,

“Laos, Vietnam and Cambodia share the common position that any construction activity will take place only if positive signals are given by the experts,” he said in an interview.

Bloomberg noted that Mekong River nations are set to meet on Dec. 7 to decide whether to endorse the project after Laos agreed in April to postpone construction because of environmental concerns.

View the full report here

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