“Myanmar has $2.5 Bn income from oil and gas industry which is the data provide from the government” said Mr. Wan Aung, the CSO representative from Myanmar EITI committee. However, the figures will be much higher, as it excludes some of the oil and gas exploration site. The EITI report will release in January 2016. But, Myanmar will not report some other sectors, like gems. Myanmar government said the annual revenue from Jade is $650 mn, but the recent Global Witness report said, it could be $31 bn, and it equals 48% of the country’s GDP.
The governor of the Industrial Estate Authority of Thailand Mr. Verapong Chaiperm mentioned that currently, Industrial Estate Authority of Thailand (IEAT) is accelerating the study design on the establishment of industrial estates in the special economic zones in Sa kaeo and Mae Sot, Tak provinces in according to the policies of Mr. Somkid Jatusripitak, Deputy prime minister who has been delegated during the recent Policy Committee on Special Economic Zone Development. They are expecting to finish the study within the six months period before the implementation of the next investment phrase. This is a part of the pilot project that will also engage private sectors to invest in this respective area. For investment of enterprises which are required to comply with IEAT’s rules and regulations involved many steps for example, the study on EIA and is subjected to PM’s consideration if any special laws can be applied to shorten the process in order to speed up the investment and to meet the required timeframe.
“Wrong way!” Stephen, our driver, shouted at Pablo through the rolled-up window of his 4×4. We had jumped out of the car to take a ferry across the Mekong to the toothbrush-shaped island of Phu Thanh, and apparently Stephen was unimpressed with our door-closing technique. Heedless of the swarms of motorcycles flowing around the vehicle, he engaged the handbrake and got out himself to demonstrate the proper method.
Opening the door and quickly slamming it with exaggerated force, he pointed accusingly at Pablo. “Wrong way.”
Once more he pulled the door open, smiling as he gently closed it with a barely audible click. “Right way.”
Asean integration will start at end of this year, opening the region to a free flow of goods and services across borders. But many analysts say Cambodia will have a difficult time integrating and benefiting from the cooperation. There are other downsides, as well. VOA Khmer recently spoke with Toek Vannara, director of the NGO Forum, to discuss the likely environmental problems Cambodia and other countries could face if they do not act to protect their natural resources.]
Myanmar’s protected areas are facing critical funding shortages, with several unable to cover the costs of essential equipment, maintenance, and operational activities, in addition to needing more dedicated staff with increased technical capacities. A new report offers an assessment of the financial status, constraints, and opportunities for financing of these areas.
The report, Sustainable Financing of Protected Areas in Myanmar (http://goo.gl/cGip0X), was published by WCS (Wildlife Conservation Society) under a research project funded by the European Union.
“We just want to stop the project” said U Zaya Kyaw, a member of Taungote community network. A Vietname based company named Myanmar SIMCO Song Da Limited Joint Stock Company (MYSICO) get the license for 25 years of Marble Tile production in Nay Pu Taung (Nay Py Mountain), which is situated in Taungote Townshiop, Rakhine, Myanmar. “According to the contract, they will employ 240 local workers, but they only hire 10 local people so far (with contract). The whole project operation is not transparent and accountable. It will spoil our environment and we don’t have much benefit from it.” U Zaya Kyaw continued. “The investment is 18.17 mn, but they didn’t say anything about EIA or SIA to us.” U Soe Win, another member of the community network said.
The government of Cambodia has decided to cancel 7 carbon investment projects and reduced the investment duration of economic land concession (6 projects) down to 50 years after reviewing environmental assessment reports of Ministry of Environment. According to an announcement of Ministry of Environment on October 16, 2015, after reviewing the environmental assessment reports of Ministry of Environment on 14 investment projects, Royal Government of Cambodia has decided that 6 economic land concession projects covering 45468 h.a in Koh Kong, Kompot and Pursat provinces could continue their operation within only 50 years.
Conflicts between local communities in developing countries and governments and corporations seeking to exploit natural resources pose a serious threat to investors’ bottom lines, according to new research.
UK-based consultancy TMP Systems studied 262 agriculture, energy and mining sector disputes with local populations in developing countries and found that 67 percent of the time those conflicts had a materially significant impact on investors.
Land conflicts and human rights abuses in resource-rich developing countries from Southeast Asia to Latin America to Africa have become more and more common amidst growing demand for commodities like palm oil, soy and beef.
The development of nuclear power in China is set to gain momentum in the next five years as the country prepares to inject hundreds of billions of yuan into building nuclear plants. More than 100 nuclear power plants will be put into operation by 2020, with a nationwide capacity tripling that of 2014 to reach 58 million kilowatts, the China Times reported, citing a draft for the 13th Five-Year Plan (2016-20).
According to the document, the government is expected to invest about 500 billion yuan (S$109 billion) to build six to eight new plants annually during the period.
An environmental conservation group in Isan, Thailand’s Northeast, says that the Thai junta are siding with an oil and gas corporation to plunder resources and urges the US government to take action against the multinational petroleum company.
Na Mun-Dun Sat Conservation Group, an Isan environmental group, on Tuesday morning, 12 October 2015, rallied in front of the US Embassy in Bangkok and submitted a letter to embassy staff, urging the US government to hold Apico (Khorat) Limited, a US-based oil and gas exploration company, accountable.