Three Gorges Dam History – Investment

Three Gorges Dam History – Brief Introduction

Known as the larges water the hydropower engineering, Three Gorges Dam is established at the middle of Xiling Gorge in Sandouping in Yichang City in Hubei Province. It is 38 kilometers away from Gezhou Dam Project. The project of Three Gorges Dam consists of the main buildings project and river diversion works with a total number of investments of 95.46 billion Yuan.

Nowadays, Three Gorges Project has been completely constructed. It has brought many advantages of flood control, navigation, commercial intercourse and other aspects.

Based on Three Gorges Dam history, the constructors have made many kind of world records of hydropower construction history, but also constructed high quality.

Three Gorges Dam History – Investment

Due to assure the high quality of Three Gorges Dam, the construction commission of Three Gorges Project of State Council has approved the number of investment of 50.09 billion Yuan, besides 40 billion Yuan for resettlement of migrants of Three Gorges. Thus the total number of static investment is 90.09 billion Yuan.

The main measures of raising fund

1.Construction Fund of Three Gorges Project: each of Chinese family has been gathered little money every KWH since 1996 except Tibet Autonomous Region and poor area.

2.The profit of Gezhou Dam Project

3.The Profit of Three Gorges Hydropower Station: it is mainly the profit of generating electricity of 1st Group electric generator. Besides, there are another ways for raising money such as bank loan, foreign commercial loan, bonds issued and export credit.