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Samakomlao -> Samakomlao Main -> Lao Update -> Laos seeks foreign loan to build dyke !
Post Info TOPIC: Laos seeks foreign loan to build dyke !
Anonymous

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Laos seeks foreign loan to build dyke !
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New word: Dyke (n) is a long thick wall that is built to stop water flooding onto a low area of land.



Laos will build a 12km-long dyke along the Mekong River section running through Vientiane in order to prevent the capital city from flooding, the Vietnam news agency reported Friday quoting Lao deputy Permanent prime minister Somsavat Lengsavat as saying here.

The Lao government will seek foreign loans for the construction of the dyke, said Somsavat Lengsavat, who is also Chair of the Vientiane Committee for Flood Control.

Vientiane capital and other localities suffered largest-ever flooding in the past weeks.

In Vientiane, the Mekong River water level was measured 13.68m, 1.1 m higher than the alarming level, causing inundation in many areas in the city.

The government had mobilised thousands of people to build a 2.5m-high sand-bag dyke along the city to prevent water from flooding the capital city.

The rising water level of Mekong River also caused flooding and heavy material damages in Khammoan, Champassak and Savanakhet provinces.

Source: http://www.intellasia.net/news/articles/regional/111248330.shtml

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SeeHarHed


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why can't Laos government build the dike (levee) for the people?  it doesn't take much engineering at all..  dike is basically an earth fill dam

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Anonymous

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what is that white building in the background i dont remembr that one was i was back ?

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SeeHarHed


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Anonymous wrote:

what is that white building in the background i dont remembr that one was i was back ?



 i believe is the new court house..  they just finished building it a year or so ago... if i'm right.. this building locate approx. 2KM from center of town.



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Anonymous

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ohh i see thank you. yess the last time i visited was a couple years ago it look very nice go laos !!

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Papa

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There are just too many bloodsuckers...if you know what I mean...they will pocket most of those foreign loans and make poor lao people pay for the debts. Sad...


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khonthakek


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Paksan and thakek also need to build the dike, when?

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Lan_Xang


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"The Lao government will seek foreign loans for the construction of the dyke, said Somsavat Lengsavat, who is also Chair of the Vientiane Committee for Flood Control. "


What the F*K. Why do we keep asking and looking for foreign people to give us money to do anything. Can we just spend our own money or get a loan or sell a bond to Lao people or business.



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Anonymous

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http://www.ustreas.gov/tic/mfh.txt





   MAJOR FOREIGN HOLDERS OF US TREASURY SECURITIES
                                                 (in billions of dollars)
                                               HOLDINGS 1/ AT END OF PERIOD


                       Jun     May     Apr     Mar     Feb     Jan     Dec     Nov     Oct     Sep     Aug     Jul     Jun
Country               2008    2008    2008    2008    2008    2008    2007    2007    2007    2007    2007    2007    2007
                     ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------  ------

Japan                 583.8   578.7   592.2   600.7   586.6   586.9   581.2   590.9   601.7   591.9   595.8   620.6   622.9
China, Mainland       503.8   506.8   502.0   490.6   486.9   492.6   477.6   458.9   459.1   467.7   471.2   480.0   477.3
United Kingdom 2/     280.4   272.5   247.8   201.1   181.1   161.9   158.1   174.3   155.0   120.3    99.8    67.3    50.0
Oil Exporters 3/      170.4   164.3   153.9   150.8   146.1   140.9   137.9   138.7   141.6   137.1   134.7   134.7   133.2
Brazil                151.6   151.4   149.5   149.1   146.6   141.7   129.9   121.7   113.9   110.5   107.7   105.8    94.8
Carib Bnkng Ctrs 4/   122.4   104.7   115.4   107.1   103.0   108.1   116.4   107.4   105.6    99.1   103.8    70.7    78.2
Luxembourg             88.6    80.4    84.8    92.7    83.1    68.4    69.7    68.3    63.3    58.4    57.1    57.6    55.9
Russia                 65.3    63.7    60.2    42.4    38.4    35.2    32.7    33.5    33.6    31.8    31.9    35.9    33.5
Hong Kong              61.2    61.4    63.2    60.6    57.5    54.4    51.2    51.7    51.3    52.6    53.2    55.9    57.3
Switzerland            44.4    42.1    42.5    41.2    39.4    39.3    38.9    38.1    37.8    37.0    37.4    37.2    38.3
Norway                 43.3    47.1    45.3    44.5    34.0    33.6    26.2    27.6    25.5    22.9     6.4      --     3.1
Mexico                 42.5    40.4    38.0    38.8    36.5    35.6    34.4    32.0    30.5    30.0    30.2    34.9    33.9
Germany                40.9    45.0    43.7    42.2    42.2    42.7    41.7    39.1    41.8    41.8    42.3    41.7    45.9
Taiwan                 40.9    40.1    42.6    41.2    38.8    38.9    38.2    37.1    40.7    39.9    39.5    44.6    44.7
Korea                  36.5    38.5    40.5    40.7    41.4    42.1    39.2    37.8    37.0    39.4    42.6    44.4    43.7
Thailand               32.4    32.8    27.9    25.7    30.5    28.9    27.4    27.5    22.8    24.7    22.9    22.5    20.6
Singapore              30.4    30.6    33.5    33.3    33.5    38.6    39.8    40.2    38.8    36.6    37.8    36.3    36.0
Turkey                 30.3    28.9    31.1    28.7    28.5    28.2    25.6    25.6    28.1    28.3    29.2    28.5    28.7
Canada                 28.4    30.3    25.9    22.0    22.7    24.4    18.7    24.1    15.9    17.3    18.8    23.3    24.6
Netherlands            15.1    15.7    15.5    15.1    14.1    15.9    15.2    14.2    14.8    15.1    16.6    15.7    16.5
Ireland                14.2    15.8    18.5    17.8    15.6    15.6    18.7    17.5    17.0    16.3    16.8    15.6    15.8
Poland                 13.3    12.4    12.5    11.6    10.2    10.3    12.9    11.1     9.8    10.6    10.5    11.1    10.4
Sweden                 12.4    13.2    13.1    13.2    13.6    13.4    13.7    14.1    14.5    14.8    15.7    15.5    15.1
Belgium                12.4    12.4    12.5    12.8    13.2    13.1    13.2    14.2    14.6    14.6    14.6    15.4    15.2
Egypt                  12.3    12.8    12.7    12.7    12.0    11.6    10.4    10.6     9.9     9.9    10.1    10.2    10.0
Chile                  11.7    11.1    10.1     9.7     8.6     9.0     8.7     8.5     7.5     6.8     7.6     7.4     7.3
India                  11.7    10.3    10.5    11.8    14.4    14.6    14.9    14.8    14.9    10.8    12.1    14.1    14.0
Italy                  10.6    11.7    10.6    11.3    11.3    12.7    14.6    15.5    14.1    13.4    13.2    13.9    14.0
All Other             135.3   136.0   138.0   144.1   144.3   145.1   145.9   142.2   138.0   136.0   137.9   140.4   151.0
Grand Total          2646.5  2611.2  2594.1  2513.8  2434.1  2403.8  2353.2  2337.1  2299.2  2235.3  2217.5  2201.0  2192.0

Of which:
For. Official       1750.8  1742.7  1742.7  1706.6  1681.6  1688.0  1641.1  1619.1  1613.8  1607.7  1595.1  1621.0  1612.6
  Treasury Bills      225.8   218.8   215.1   201.3   204.3   207.1   196.3   185.3   180.4   178.3   180.0   176.2   160.9
  T-Bonds & Notes    1525.0  1523.9  1527.6  1505.3  1477.3  1480.9  1444.8  1433.8  1433.4  1429.4  1415.1  1444.7  1451.7

Department of the Treasury/Federal Reserve Board
August 15, 2008

1/  Estimated foreign holdings of U.S. Treasury marketable and non-marketable bills, bonds, and notes
     reported under the Treasury International Capital (TIC) reporting system are based on annual
     Surveys of Foreign Holdings of U.S. Securities and on monthly data.
2/  United Kingdom includes Channel Islands and Isle of Man.
3/  Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar,
     Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.
4/  Caribbean Banking Centers include Bahamas, Bermuda, Cayman Islands, Netherlands Antilles and Panama.
     Beginning with new series for June 2006, also includes British Virgin Islands.




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