Three Gorges project faces funding shortall of $3bn
-
16/03/1999
-
Financial Times (London)
China's Three Gorges Dam, the world's largest civil engineering project, has run into difficulties raising funds at a crucial stage in its construction. The country's flagship infrastructure project faces $3bn shortfall for the second phase of construction, the government said in a report suggesting that international reluctance to finance the controversial $24.5bn scheme is adding to the strains on funding.