Laos: Local company invests in dam construction in Borikhamsay

A local construction company “Phongsabthavy” will conduct a feasibility study to invest in a new hydropower dam of Nam Ngiep in May district, central province of Borikhamasay. A feasibility study for the construction of Nam Ngiep new hydropower dam, in Somsinh village, will take 18 months after the signing of a memorandum of understanding on economic and technical analysis and environment impact. The signing ceremony held in Vientiane Capital, 25 February between Deputy Minister of Planning and Investment Thongmy Phommisay and director of Phongsabthavy Road and Bridge construction Company Phongsavath Phengsikeo. When the study completes, the Nam Ngiep hydropower plant with the annual generation capacity of 200 million kilowatts or equivalent to one fifth the Nam Ngum dam 1 will be constructed. Upon completion, the dam will be about 25 metres and 260 metres long and a 40-megawatt turbine engine will also be equipped with. The initial investment by the local company will be US$ 60 million.