US Looks to Partner With Chinese Companies on DRC’s Inga III Dam

20 Jan 2014 by OOSKAnews Correspondent
HONG KONG
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The US government is considering partnering with the Chinese state companies that are expected to win the contracts to construct the controversial $12 billion USD Inga III dam project in the Democratic Republic of the Congo, according to a report in the South China Morning Post.The Chinese consortium currently bidding for the project consists of Sinohydro and China Three Gorges Corp. This would be the biggest overseas contract for the state enterprises.Two other consortiums -- Posco and Daewoo Corporation of South Korea in partnership with Canada’s SNC-Lavalin Group Inc and Madrid-based Actividades de Construccion y Servicios SA with Spain’s Eurofinsa Group -- are also vying for the project...

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