Monday, October 05, 2009

Synohidro wins the Coca-Codo Sinclair Project, Ecuador


Ecuador's largest project, the Coca-Codo hydroelectric works, 1500 MegaWatts, has been won by the Chinese company that built the Three Gorges Project. There were no other offers, no other company dares to work in corrupt Ecuador, where the President's brothers and sisters are partners in every operation, foreign companies get sued for made up environmental damages and the judges demand coima. My admiration goes to the intrepid Chinese.

1 comment:

Pedemiko said...

wow this is amazing how can you state that brothers and sisters are part in all projects? have you any information that is try and not twisted for your point of view? When it was known that his brother (only one no sisters or other brothers) he was taken into court and demanded by the state, besides, his contracts were nullified. Now i ask, how can you judge? hopefully you are not from Israel because you got some serious ethical issues there.