China/Vietnam: Chinese Contractors Abandon Vietnam Hydro Project as Tensions Remain High

Aug 19, 2014 | GCR
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A major hydropower project in Vietnam stood in limbo over the weekend amid reports that the two Chinese contractors building it have abandoned the project and returned home after failing to secure extra funding.

Dormant equipment and unused materials now dominate the site of the $270m Thuong Kon Tum hydropower project in Kon Tum Province, which has been abandoned, according to a Vietnamese newspaper, by joint venture partners Hydrochina Huadong Engineering Corporation and China Railway Construction Co Ltd., who won the construction contract in 2009.