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July 7, 2007

China to fund $1 bln hydro dam in Guinea: source

By Saliou Samb

Source: Reuters

CONAKRY (Reuters) - China has agreed to fund the construction of a $1 billion hydroelectric dam in mineral-rich Guinea and renovate a series of state buildings, government officials in the West African country said on Saturday.

The Souapiti dam should allow the former French colony to generate some 750 MW of electricity, officials said. Guinea is one of the world's least developed countries and even parts of the capital city have only sporadic mains power.

Full Story...

Posted by pichu at July 7, 2007 4:38 PM