VIDEO from Asian Development Bank Available on thenewsmarket.com: New Lao PDR Hydro Project to Spur Development, Improve Lives
NEW YORK, Dec. 8, 2010 /PRNewswire/ -- See video from Asian Development Bank at:
Nam Theun 2, the Lao People's Democratic Republic's (Lao PDR) largest hydropower facility, was officially inaugurated today, signaling a new era for growth, development and poverty reduction in the landlocked Southeast Asian country. Over 90% of the electricity generated by the project is being sold to Thailand, providing Lao PDR with a $2 billion revenue stream over the next 25 years. The funds are earmarked for the nationwide improvement of health and education services, and other poverty alleviation programs. Families who had to move to make way for the dam have been provided with new hardwood homes complete with electricity, clean water and sanitation facilities. Available material includes edited packages.
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