Monday, 15 October 2007

FROM THE SUBLIME (1)

AT LAST, something real. Mocambique plans to build a $1,7-billion hydro-electric development on the Zambezi river. Construction of a dam in northern Tete province will begin in 2009 and be finished four years later. Planned output would be 1 300 MW. Funding for the project will come from China's Export-Import Bank. A US $2,3-billion transmission line will be built from Tete to Maputo and surplus will be exported to South Africa. Contrast this announcement by the Mocambique Government with our own a week later (To the Ridiculous)

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