IMF representatives are visiting Laos to gather data on economic performance to use in considering further assistance for Laos. NT2 investors, confident of World Bank loan guarantee, decide to go ahead and inject US$35 million to develop infrastructure for the hydropower project. Meanwhile, Pan-Australia Resources announces it will start producing gold from its gold mining project in Laos and expects to export about 50,000 oz. a year, beginning March 2005.
Click on our audio report for details.