Today, Cavico Corp., a leading infrastructure development company, announced that its wholly owned subsidiary, Cavico Hydropower Construction JSC, has completed the construction of the Dasiat Hydropower Plant. The subsidiary has begun the process of transferring the project over to Southern Hydropower Joint Stock Company, the project’s owner.

Cavico Hydropower started this $4.6 million construction project in July 2006. It supplied equipment for waterways including surge tanks, intakes, the headrace tunnel, and other construction related work, including the creation of a 1.44-mile headrace tunnel. The tunnel is considered to be the narrowest tunnel in Vietnam. The new hydropower plant has been designed and engineered to have a capacity of 13.5 megawatts, and is expected to supply the region with 57.7 million kilowatt-hours of electricity per year.

Hai Thanh Tran, Vice President of Cavico Corp. stated, “We are very pleased to announce the completion of Dasiat Hydropower Plant as per schedule. We will continue with the process of completely handing over the project to Southern Hydropower Joint Stock Company next month.”

The Dasiat Hydropower Plant is located on the main flow of the Dasiat River, downstream from Dong Nai 3 and Dong Nai 4 hydropower plants, in Lam Dong Province, approximately 99 miles from Da Lat City and 155 miles north of Ho Chi Minh City.