Haiti Place
Major power boost for Haiti as Chinese firm agrees to finance $240m dam
News Information
-
NEWS_POSTED_BY:
Haiti Place
-
NEWS_POSTED_ON:
Feb 14, 2015
-
Views :
645
-
Category :
Haiti News
-
Description :
10 February 2015 | By David Rogers
A memorandum of understanding was signed yesterday (pictured) between Chinese contractor Sinohydro and the Haitian government that opens the way to the construction of a $240m hydroelectric power station, which will be largely finance by Chinese money.
-
Location :
Port-au-Prince, Ouest, Haiti
Overview
- Evans Paul, the prime minister of Haiti, commented on the government’s website: “We have been trying to build this dam for the past 39 years. Now the Artibonite 4C will have a big impact on the regional economy and its productivity.”
The government estimates that the dam will create 7,500 jobs, irrigate 3,500ha of land and boost agricultural production by at least $10m a year.
The Artibonite 4C dam will add 32MW to the country’s installed capacity of about 270MW. It is estimated that the project could provide electricity for as many as a million people in 200,000 households.
Currently the Haitian electricity system, which reaches about 12% of the island’s population, is mostly provided by ageing infrastructure that is inefficient and expensive to maintain.
Read more here >>
(Also see annoucement on the PM's website in French)