Nail in coffin for Lao dam? The government's new stance against the Sanakham Dam on the Mekong River in Laos may be a nail in the coffin of this hydro-powered project proposed by Chinese investors. Major commercial banks including Thailand's state Exim Bank and Krung Thai Bank, with the Finance Ministry as a major shareholder, have bankrolled dam projects. The Sanakham Dam, with a capacity of 684 megawatts, is just another example confirming the torrents of trouble surrounding water projects on the Mekong River. Yet, the state's concern over the Sanakham Dam and display of ethical courage should be praised.

Source: Bangkok Post November 27, 2020 22:52 UTC