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Europe Daily Bulletin No. 8940

3 May 2005
Contents Publication in full By article 33 / 45
GENERAL NEWS / (eu) eu/eib/laos
Loan of USD 55 million for construction of hydroelectric project

Brussels, 02/05/2005 (Agence Europe) - The European Investment Bank (EIB) will lend USD 55 million to the Lao People's Democratic Republic (PDR) for the development, construction and operation of a 1,070 MW hydroelectric project on the Nam Theun River. EIB loan will have a 30-year term and will be used by the Government of Laos to make its equity contribution in the Nam Theun 2 Power Company Ltd (NTPC) in charge of the project and will contribute to the regional integration of Laos, one of...

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