40906-014: NAM NGUM 3 HYDROPOWER PROJECT

Project Data Sheet (PDS): Details

Description

The NN3 plan will promote economic growth in Lao PDR by generating upwards of $770 million in export earnings for Lao PDR, of which more than $200 million is expected to go to poverty reduction and environmental protection programs. It will also provide critical energy to support sustainable economic growth and improve energy security in Thailand by diversifying the country s energy sources.

Objectives and Scope

The NN3 plan will promote economic growth in Lao PDR by generating upwards of $770 million in export earnings for Lao PDR, of which more than $200 million is expected to go to poverty reduction and environmental protection programs. It will also provide critical energy to support sustainable economic growth and improve energy security in Thailand by diversifying the country s energy sources.

Project Rationale and Linkage to Country/Regional Strategy

ADB's participation in NN3 is consistent with its Country Strategy Program for Lao PDR (2007-2011), which calls for interventions designed to advance economic growth and poverty alleviation. The Country Strategy Program call for ADB to pursue public-private partnerships in large-scale infrastructure projects and projects promoting regional cooperation, among other activities.

Implementation Progress

Description of Project Outputs

Construction of Nam Ngum 3 Hydropower Project in Lao PDR as a public-private partnership in an environmentally sustainable and socially inclusive manner

Safeguard Categories

Environment: A
Involuntary Resettlement: A
Indigenous Peoples: A

Project Sponsors

GMS Lao Company Limited
Lao Holdings State Enterprise
Marubeni Corporation
Ratchaburi Electricity Generating Holding PLC

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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