The Nam Theun 2 Improvement Fund (NT2DF) is about to increase its attain past Nakai’s resettled villages, bringing the transformative initiatives to all the district and shortly to neighboring Gnommalath and Mahaxay districts.
On 27 August, the Khammouane Provincial Authorities, in partnership with Nam Theun 2 Energy Firm, held the eighth steering committee assembly for the Nam Theun 2 Improvement Fund (NT2DF). Co-chaired by Vanxay Phongsavanh, Khammouane Governor and Marc-Antoine Rupp, Nam Theun 2 Chief Govt officer.
The assembly reviewed NT2DF’s progress over the previous six months, emphasizing successes in long-term scholarships, social security nets, and funding for home animal illness prevention in 16 hamlets.
The fund initially aimed toward enhancing livelihoods in 16 newly established villages in Nakai and now could be shifting into Section 2. This part will lengthen assist to all the Nakai District, with future plans to incorporate Gnommalath and Mahaxay Districts, aiming for extra substantial outcomes.
Nam Theun 2 CEO Antoine burdened the significance of ongoing collaboration: “We should work collectively as a staff. Every of us has a vital position in turning plans into motion and advancing our area. Let’s keep united in constructing a brighter future for Nakai and past.”
Nam Theun 2 Energy Firm is dedicated to sustainable improvement, environmental safety, and empowering communities. As NT2DF enters this new chapter, the corporate seems ahead to continued progress.
Through the assembly, the NT2DF Steering Committee handed over tools and medicines valued at LAK 171 million (USD 7,745) to the Nakai Forestry and Agriculture Workplace, answerable for program implementation.
Established by means of a 2018 cooperation settlement between Khammouane Province and Nam Theun 2, NT2DF completely helps sustainable financial and social improvement across the Nam Theun 2 Undertaking. Funding relies on annual power manufacturing, with LAK 1,000 (USD 0.045) allotted per megawatt-hour. Moreover, Nam Theun 2 has contributed over LAK 30 billion (USD 1,358,800) to the fund from 2018 to 2023.
