If climate change, in the form of floods or droughts, occurs it would pose a serious impact on the lower downstream areas of the Mekong. The proposed project lacks measures to minimise the impact.
Mining operations were suspended in 2016 as the sale value of minerals took a dive, and commodity prices on the world market slumped.
The loan is to Burmese developer Shwe Taung Group – the first in the country — to be used for a mixed project that includes offices, a shopping mall and the Pan Pacific Hotel.
With hotter, less predictable weather on the rise, more countries are looking underground for water.
“My mother’s family gets their food from the forest and has been earning money from selling non-timber forest products for more than 20 years.”
Demand for heroin in the region is dropping, as the drug market continues to shift strongly to synthetic drugs.
Mondulkiri is Cambodia’s biggest and most sparsely populated province. It is home to three rivers and the famous waterfall Bou Sra. It also contains tropical seasonal virgin forests and protected wildlife areas.
Representatives of Vietnam said the Lao government should consider halting the Luang Prabang Dam and instead focus on renewable energy.