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ADB approves grant to Greater Mekon
- Subject: ADB approves grant to Greater Mekon
- From: nin@xxxxxx
- Date: Wed, 28 Aug 1996 03:17:00
Subject: ADB approves grant to Greater Mekong Subregion
*** ADB approves grant to greater mekong subregion ***
==============================================
Belgrade, Aug 27 (Tanjug-ecopool) The asian development bank
(ADB) today approved a technical assistance grant of 2.5 million
US dollars for a hydropower development study in the greater mekong
subregion.
According to the bank quoted by xinhua from manila, the grant
will be used to prepare a sustainable and environmentally acceptable
hydropower development plan for some river basins in Cambodia, Laos
and Vietnam.
The study is designed to facilitate economic cooperation among
the countries of the subregion through cross-border trade in
electricity. A low-cost hydropower development program will be set up
if maximum benefits can be realized from the cross-border power
exchange.
The greater mekong subregion comprises Cambodia, Laos, Vietnam,
Myanmar, Thailand and Yunnan province of china.
The ADB also approved a grant for strengthening banking
capabilities in eight transitional economies in Asia and some loans
to Kazakhstan for road rehabilitation.
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