07 October 2009

China To Build New Dam In Ecuador's Amazon.

LAHT/
The Ecuadorian government signed a contract with Chinese firm Sinohydro to build the massive Coca-Codo-Sinclaire hydroelectric dam in the Amazon region.The dam will be constructed in the Amazon province of Napo, in the east-central part of the country, and it is predicted that it will provide electricity to 75 percent of Ecuador and have a power generation capacity of 1,500 MW.
The dam is the largest investment project in Ecuador and forecast to be finished in about five years, costing an estimated $2 billion.