Vietnam, Laos strengthen hydropower cooperation

November 25, 2010

(KPL) The Vietnamese Embassy in Laos and the Lao Ministry of Energy and Mining (LMEM) jointly held a symposium themed ‘Vietnamese-Lao hydropower cooperation: reality and prospects’ in Vientiane on November 23. Attending the symposium were Lao Deputy Minister of Planning and Investment Thongmy Phommisay, LMEM Deputy Minister Somboun Rasasombath and Vietnamese Ambassador to Laos Ta Minh Chau. The symposium assessed that hydropower is a strength of the Lao economy and also an important cooperative area between Vietnam and Laos, which attracts a huge Vietnamese investment.

To date, the Lao government has licensed 16 Vietnamese hydropower projects with a total designed capacity of over 4,000 MW.

However, the hydropower cooperation between Vietnam and Laos is still facing several difficulties such as poor infrastructure, unqualified labour force and remote project sites. Participants in the symposium discussed measures to solve these difficulties in order to boost the bilateral cooperation in this field to meet the aspiration of the two countries’ high-ranking leaders.

On behalf of the Lao government, Deputy Minister Rasasombath thanked Vietnam for its assistance for and cooperation with Laos in various fields, including hydropower. Ambassador Chau called on Vietnamese businesses to strengthen hydropower cooperation with Lao partners and pledged to do his best to foster this strategic cooperation.

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