Since the end of 2005, more and more foreign companies have shown interest in making hydro-power investment in Laos, including Russian and Korean businesses who have recently signed MOUs on feasibility studies with the Lao government.
The Russian company, Regent Oil, will look into the possibility of starting three hydro-power projects in Attapeu and Sekong provinces with a total capacity of 600 megawatts.
Korea's In Won Construction company is also undertaking a feasibility study on a Khone Phapheng and a Houay Champi projects in Champassack, an another in Attapeu, with a total capacity of over 1,500 megawatts.
Meanwhile, Lao officials have formulated their energy development plan for the years 2006 to 2020, which includes 15 priority projects that will prodece over 7,800 megawatts of electricity for exports to neighboring countries and for domestic consumption.
Listen to our Laos Today report for details..
.