A memorandum of understanding on this project was signed in Vientiane on Aug. 26.
Signatorieswere Nguyen Van Minh, Deputy General Director of the Hoang Anh Gia LaiJoint Stock Company, representing V&H Corporation, and ThongmiPhomvisay, Lao Deputy Minister of Planning and Investment.
Currently,V&H Corporation is completing exploration and survey activities toreport to the Lao Government and implement the project.
Togetherwith Nam Cong Hydro Power Plants 2 and 3, the Lower Sekong Hydro-PowerPlant is expected to contribute to electricity generation, as well asjob placement, poverty reduction and budget contribution to Laos./.