March 2010

U.S. company Synergy Holdings has been awarded a US$15 million project to build roads and bridges necessary for the start-up of the Amalia Falls Hydro project, Head of the Privatisation Unit, Winston Brassington, confirmed last evening.
President Bharrat Jagdeo announced the award of the contract at his office yesterday, noting that efforts are being made to conclude the financial arrangements for the Hydro project.
The Inter-American Development Bank and the China Development Bank have agreed to finance the US$450 million project.

The UN-REDD Programme Policy Board met for its fourth meeting from 18-19 March 2010, in Nairobi, Kenya, and approved US$14.7 million in funding for national UN-REDD programmes in Bolivia, the Democratic Republic of Congo and Zambia.

Jakarta (ANTARA News) - US President Barack Obama who has delayed until next June his planned visit to Indonesia will bring three agenda items on climate change, a WWF official said.

"There are three agenda items, namely forest and peat land management, clean technology and climate change, and coral triangle," WWF-Indonesia Program Director for climate and energy affairs, Fitrian Ardiansyah said here on Thursday.

KUCHING: Japan’s Daiken Corp, which has invested some US$200mil in two medium density fibre (MDF) board plants in Sarawak, will start supplying raw materials from its tree plantation to local timber processing mills in two years.