China to build $17B worth of dams in Indonesian Borneo

Posted by Washington Post: Juliet Eilperin on June 9th, 2013
Mongabay: Two Chinese companies - China Power Investment Corporation and Anhui Conch Cement - will invest $17 billion in dams in North Kalimantan, Indonesia's newest province located on the island of Borneo, reports the Jakarta Globe. The Indonesian government granted permission for the project on the Tayan River late last month. Indonesia’s Energy and Mineral Resources Minister Jero Wacik said the first phase of the project will break ground next year. “Construction for the first phase will be completed......

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