ADB approves grant to Greater Mekon

[nin@xxxxxx]

Subject: ADB approves grant to Greater Mekong Subregion

	*** ADB approves grant to greater mekong subregion ***
            ==============================================

	Belgrade, Aug 27 (Tanjug-ecopool) The asian development bank
	(ADB) today approved a technical assistance grant of 2.5 million 
	US dollars for a hydropower development study in the greater mekong
	subregion.

	According to the bank quoted by xinhua from manila, the grant 
	will be used to prepare a sustainable and environmentally acceptable
	hydropower development plan for some river basins in Cambodia, Laos
	and Vietnam.
     
	The study is designed to facilitate economic cooperation among
	the countries of the subregion through cross-border trade in
	electricity. A low-cost hydropower development program will be set up
	if maximum benefits can be realized from the cross-border power
	exchange.
     
	The greater mekong subregion comprises Cambodia, Laos, Vietnam,
	Myanmar, Thailand and Yunnan province of china.
    	The ADB also approved a grant for strengthening banking
	capabilities in eight transitional economies in Asia and some loans
	to Kazakhstan for road rehabilitation.

(end text)