Wednesday, May 11, 2011

Cameroon signs $542m China loan for power project

Cameroon signs $542m China loan for power project
By: Reuters, 3rd May 2011

Cameroon's government said on Tuesday it had secured a $542-million loan
from the China Import-Export Bank to fund the construction of a 201 MW
hydroelectric dam on the Ntem River.

The loan will help the central African country to narrow its electricity
capacity deficit, Cameroon Economy Minister Louis Paul Motaze said at a
joint press conference with China's ambassador, without giving the terms
of the loan.

This is International Rivers' mailing list on China's global footprint, and particularly Chinese investment in
international dam projects.

You received this message as a subscriber on the list:

To be removed from the list, please visit:

No comments:

Post a Comment