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...international companies led by the France's state-owned Electricit? de France, the dam will have a generation capacity of 1,070 MW of electricity when completed in 2009, 95% of which will be sold to Thailand. "We don't have many comparative advantages over our neighbors," says Somboune Manolom, general manager of Lao State Holding Enterprise, which represents the country's 25% stake in the consortium. "Competition in the world is becoming stronger, and we have many disadvantages?mountainous country, low education and illiteracy. If we start with hydropower development, I think we can help the country along...

Author: /time Magazine | Title: Options Under Water | 3/28/2005 | See Source »

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