(December 10, 2007) Eight countries have signed an agreement to spend $18.7 billion on roads and railways linking central Asia to China and Europe, Financial Times reports.
WB blacklists Bhasha dam surveyors
(November 12, 2006) The World Bank blacklisting of Lahmeyer International has jeopardized the future of a dam scheme the company is working on in Pakistan; although widely reported by the media, Pakistan authorities say they need to verify the company’s debarment first before taking action. Work on the Bhasha dam project in Pakistan is in jeopardy now that the World Bank has blacklisted the German engineering firm, Lahmeyer International, after finding the company guilty of paying bribes in the multi-billion dollar Lesotho Highlands Water Project (LHWP).