HANOI, Dec. 24 (Xinhua) -- The Asian Development Bank (ADB) and Sweden are
helping to set up an institutional framework to support competitive regional
power trade in the Greater Mekong Sub-region (GMS).
The framework will ensure long-term stable and mutually beneficial
electricity supply to six GMS members, including China, Cambodia, Laos, Myanmar,
Thailand and Vietnam, the Vietnam News newspaper reported Monday.
The project will ensure that environmental impacts resulting from
developing power projects for regional power interconnection and trade will be
kept under control.
The proposed technical assistance for facilitating regional power trade and
creating an environmentally sustainable development of electricity
infrastructure will include a five-million U.S. dollar grant from Sweden to be
managed by the ADB.
The assistance will focus on developing institutions and building capacity
to match the expansion of physical infrastructure for a competitive GMS regional
power market.