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
www.engineeringnews.co.za/article/cameroon-signs-542m-china-loan-for-power-project-2011-05-03

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: chinaglobal@list.internationalrivers.org

To be removed from the list, please visit:
http://salsa.democracyinaction.org/o/2486/unsubscribe.jsp

No comments:

Post a Comment