Word: damming
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...technical assistance. In South Viet Nam's capital of Saigon, Kishi's reception was formal and cool. Saigon's politicians were miffed because 1) they hoped that Kishi would offer $150 million in reparations and help build a major dam for them, and he said not a word about it; 2) President Ngo Dinh Diem sees himself, not Kishi, as the spokesman of non-Communist Asia...
...hope for 10 million-far short of enough to keep pace with India's 5,000,000 yearly births. Power and electricalequipment projects have been dropped. To save foreign exchange, the government has slapped strict import controls on luxury goods. Despite these measures, the huge Rihand hydroelectric dam in Uttar Pradesh stands useless for lack of $8,000,000 to buy electric generators...
AFRICAN INDUSTRIALIZATION will be speeded by $3 billion Inga hydroelectric project, the world's biggest, to start building soon near mouth of the Congo River. Complex of dams and power stations will generate 200 billion kw-h a year-about twelve times the output of Grand Coulee Dam -for power-short central Africa. Belgium figures project will attract $15 billion to $20 billion in Congo industrial investment...
...general manager of Krupp Industries, suggested that the job of economic world uplift is too big for the investors of any one country, instead proposed that investors form a multi-nation investment association in much the same manner that six individual contracting companies joined together to build the Hoover Dam. Such pooling, said Industrialist Beitz, would provide "a great new source of investment capital." It would be a private world bank that would receive and that would lend local currencies for investment anywhere in the world...
...INDUSTRIAL development in history of Iran will remake country's oil-rich southwest at cost of $91 million, drawn mostly from oil royalties. Government has hired U.S. Development & Resources Corp., headed by former TVA Chairmen David E. Lilienthal and Gordon R. Clapp, to build a 460-ft.-high dam for power, flood control and irrigation, along with a complex of industrial plants and pipelines...