Dowload Statement of "Stop Patronizing Dawei Project"

Showing posts with label Company Investment. Show all posts
Showing posts with label Company Investment. Show all posts

Monday, September 24, 2012

Stop Patronizing Dawei Project, Stop Public Debt Hikes

uesday 18 September 2012 
10.30-11.30 am 
At the meeting room on 2nd floor | Student Christian Centre

The Italian-Thai Development Public Company Limited (ITD) has been in difficulty re: the Dawei Deep Sea Port and Industrial Estate Project (Dawei Project) since it was contracted to develop this project in 2008. Apparently, it has since failed to make a significant progress as planned. For instance, it is incapable of building infrastructures other than the temporary Thai-Myanmar road link. Or it is unable to secure long-term funding for the entire project development.

Dawei1 












Thai government now plans to support the ITD in the development of the Dawei Project. Thai Prime Minister Yingluck Shinawatra has scheduled to visit Myanmar from 19-21 September 2012 to follow up progress of the joint development of the Project following the Thai-Myanmar MoU signed during Myanmar President Thein Sein’s visit to Thailand in last July.

The Dawei Project is in certain ways comparable to Thailand’s Map Ta Phut industrial estate which has over the last many years been in deep trouble in term of environmental pollution. Given that the scale of Dawei Project is 8-times larger than Map Ta Phut industrial estate, the extent of its environmental consequence is unimaginable. Moreover, in Myanmar context, there are complicated social issues associated with the Dawei Project such as non-transparency, lack of local participation and human rights violation. Even in context of Thailand, the government’s decision to support the Project poses a serious question about legitimacy for spending public money to shoulder risks associated with this massive investment.

Concerned Thai civil society groups that have monitored the Dawei Project see Thai PM’s visit to Myanmar next week for talk on Dawei Project as inappropriate and unethical. Environmental problem associated with the Project will be massive while the host country lacks legal and institutional mechanisms to cope with it. Besides, exploiting public resources in what can be seen as patronizing private investor is fallacious and will put more burdens on the public in the long run.

In light of the above, concerned Thai groups will hold a press conference on 18 September 2012 from 10.30-11.30 am, at the meeting room on 2nd floor of Student Christian Centre. The panel speaker will be;
  • Mr. Veerawat Dheeraprasart: Chair of Foundation for Ecological Recovery (FER)
  • Ms. Penchom Tang:  Director of Ecological Alert and Recovery, Thailand (EARTH)
  • Mr. Sulak Sivaraksa: Social Thinker and Public Intellectual
Thai-English translation will be provided.
For more information please contact:
Montree Chantawong (TERRA/FER) 08 1950 0560
Luntharimar Longcharoen (TERRA/FER) 08 9489 9489
Foundation for Ecological Recovery (FER) /
Towards Ecological Recovery and Regional Alliance (TERRA)

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Links : http://www.inebnetwork.org/news-and-media/8-news/387-stop-patronizing-dawei-project-stop-public-debt-hikes

Women and gender in Dawei

The Company in Dawei

Workers in Dawei

Tuesday, August 14, 2012

Thai Ratchaburi eyes investments in Myanmar, Cambodia


Aug 14 (Reuters) - Ratchaburi Electricity Generating Holding Pcl, Thailand's top private power producer, said on Tuesday it was looking to invest in two or three power plants in Myanmar, excluding the Dawei project.
The company expects the power plant project at Dawei, a planned $50 billion special economic zone in southern Myanmar, to show some progress in the next 1-2 years, while it was also studying plan to invest in small and large-sized plants in Cambodia, President Noppol Milinthanggoon told reporters.
The company aimed to spend about 7 billion baht this year, he said.
Earlier on Tuesday, the utility reported a 74 percent rise in second-quarter net profit to 3.29 billion baht
(Reporting by Pisit Changplayngam; Writing by Khettiya Jittapong; Editing by Martin Petty)