Investvine-July 24

The collapse of a hydropower dam under construction by a South Korean company in southeastern Laos in the evening of July 23 is a big setback for the secretive country’s vision to become the main supplier of electricity for Southeast Asia through the construction and operation of a series of hydropower facilities along the country’s many rivers.
Hundreds of people have gone missing and several are feared dead after the huge Xepian-Xe Namnoy dam in Sanamxay district of Attapeu province near the city of Pakse and not far from the Cambodian border broke, causing flash flooding which swept away homes, cars and trees.

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