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dam-l Nam Ngum 2 Project Concession Agreement Initialled

Vientiane Times, March 1998

NAM NGUM II PROJECT CONCESSION AGREEMENT
        INITIALLED 
         A concession agreement for the Nam NgumII project was signed by the
        government of the Lao PDR and the ShlapakGroup Co, Ltd on March 17
        at the Lao Hotel Plaza. Signing for the governmentwas the Minister
to the
        Prime Minister's Office and Secretary General ofthe Committee for
        Foreign Investment Management and Economic co-operationMr.
        Bountiem Phissamay and for the private company was company
        president,Mr. Shlapak. 
         The signing of the concession agreementsignals a continuation of the
        technical design and research on the after-effectsto the
environment as well
        as the methods to solve them. Negotiations andsigning of the
electric sales
        contract with Thailand will take about oneyear, following which a
project
        concession agreement will be signed andconstruction of the dam
started.  
         The Nam Ngum II project is located in theNam Ngum river north of the
        Nam Ngum Dam I, about 90 km north of Vientiane,in the Saysomboun
        Special Zone. The dam is 181 meters high with a 615 megawattcapacity
        and can produce 2300kw/h of electric power. The project callsfor an
        investment of US$ 780 million and will take four years to
construct.The
        area of the water basin is about 86 square kilometers. 
         This project is a joint venture betweenthe government of the Lao PDR
        (25 %) and the Shlapak Group Co, Ltd (75%).The Group includes
        Shlapak Development Co (USA), Bilfiger Berger Company(Germany),
        CH Karnchang Company (Thailand), Voith Hydro Company
        (Germany),Siemens Company (Germany), Noell Company (Germany),
        and Sri U-thong (Thailand). 
         





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Aviva Imhof, Mekong Program Coordinator
International Rivers Network
1847 Berkeley Way, Berkeley CA 94703 USA
Tel: + 1 510 848 1155 (ext. 312), Fax: + 1 510 848 1008
Email: aviva@irn.org, Web: http://www.irn.org
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