Port Louis, Mauritius - Mauritian Minister of Energy and Utilities Rashid Beebeejaun said  Wednesday that China would grant Mauritius 580 million yuan to enable the country to build a dam aimed at proving potable water for residents of Bagatelle, in the central part of the island. The funding is being provided in form of a loan with an interest rate of 2% per year, a moratorium of 5 years and a minimum repayment period over 10 years.

'The dam will meet the needs of the population of the capital and its vicinity,' Mr Beebeejaun said.

Pana 14/04/2011