Tag: Mekong

Big cracks stall Laos dam project

(June 14, 1998) The Australian construction firm, Transfield, is confronting a dilemma familiar to many companies operating in Asia: should it weather the current economic crisis, or get out. The "out" option must be looking highly preferable for Transfield as it views the massive dam project it is involved with in central Laos.

Egat to postpone power buys

(May 1, 1998) THE Electricity Generating Authority of Thailand (Egat) has decided to postpone power purchases from Laos’ six major power projects with a combined capacity of 2,963 megawatts by at least one year from the original schedule of 2006.  This follows a significant downward revision of Thailand’s power demand projections.

Arms firm ‘warlord’ removed

(April 8, 1998) One of the most powerful and enigmatic leaders in Laos has been removed from the head of the country’s biggest firm.  After building up the military development firm Bolisat Phakhana Khet Phoudoi, General Cheng Sayavong is now directing the National Tourism Authority as it gears up for Visit Laos Year 1999.

‘Battery of Asia’ may run flat

(April 6, 1998) Thailand’s economic crisis is raising questions over the energy exporting hopes of neighbouring Laos  As two giant turbines begin to roar in the middle of the jungle, Laos is starting to become the "battery of Asia." Last week the $280m Theun-Hinboun dam began producing electricity for neighbouring Thailand, the first of what Laos hopes to be as many as 21 dams spanning this poor landlocked country.