ADB, Sweden to help Mekong region in power trade
www.chinaview.cn 2007-12-24 17:08:23   Print

    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.

Editor: Wang Hongjiang
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