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dam-l LS: Aid: $32M. to Mekong projects
>
>Forwarded from: Vietnam News List - vnnews-l
>By: Bob Stensholt <bobstens@melbpc.org.au>
>Subject: Aid: $32 m. to Mekong projects
>
>DAILY NEWS -> Friday, August 27, 1999
>
>International donors fund Mekong River projects with $31million
>
>(VNS)- International donors have pledged to disburse US$31.5 million
>for a Mekong basin development project and a programme on water
>exploitation by Thailand, Laos, Cambodia and Vietnam, according to
>General Secretary of Vietnam's Mekong River Committee Nguyen Hong
>Toan.
>
>Of the donation, $27.3 million comes from the Swedish International
>Development Agency (SIDA), the Danish International Development Agency
>(DANIDA) and the Global Environment Fund (GEF).
>
>The Mekong basin development project has a total investment capital of
>$14 million funded by SIDA and DANIDA for the period from 2000 to
>2006.
>
>The project helps build sub-regions designed to fully develop the
>river water resources and related resources for sub-regions and
>riverine countries.
>
>Meanwhile, the project on water use is expected to ensure an equal
>distribution of water resources between the four countries based on
>the agreed principle of the amount of water and water quality.
>
>The project has a total capital of $17.5 million, of which $10.5
>million will be offered by the GEF.
>
>Other countries, including France, Finland and Japan, will donate $2.8
>million.
>
>The rest of the capital will be mobilized from the four
>project-related countries and elsewhere. The project is scheduled to
>be developed in seven years from 2000 to 2007.
>
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Aviva Imhof
South-East Asia Campaigner
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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