I. Chinese Government
The Chinese Government is a key stakeholder in the construction of the Three Gorges Project. In 1990, the State …show more content…
The project sourced external funds through the setting up of a state-owned entity, China Three Gorges Project Development Corporation. According to Probe International (2007), a number of international financiers and companies have supplied equipment and services to China Three Gorges Project Development Corporation. These include the World Bank along with companies from Brazil, Canada, France, Germany, Italy, Japan, Norway, Romania, Scotland, Switzerland, UK and the USA. Also including export credit agencies from Brazil, Canada, France, Germany, Japan, Sweden and Switzerland. (Gleick, 2009). Although the internal funds have been sourced from the State Three Georges Construction Funds, power revenues from existing hydropower facilities, revenues from the project itself and loans and credits from the Chinese State Development Bank or Chinese Development Bank, as its now known, the external financial stakeholders are hugely important to the construction and success of the