Home » industry » Page 19

Tag: industry

Work on Thilawa ‘Zone B’ to begin after rainy season

By Nantiya Tangwisutijit

The investors behind Myanmar’s first special economic zone will start accepting proposals for factories in second zone known as “Zone B” at the end of the rainy season, as both phases of “Zone A” near completion, with US$760 million in foreign investment committed to the project so far.

Myanmar Thilawa SEZ Holdings chair U Win Aung told The Myanmar Timesthat the first zone, covering 400 hectares, is almost finished. Seventy-three foreign investors from 16 countries have agreed to invest in the project, which is located in Thanlyin township, around 25 kilometres (16 miles) south of Yangon.

Compensation for mining company’s ‘poisoning’ not enough: plaintiffs

By Nantiya Tangwisutijit

PEOPLE in Tak province say nothing has been done about removing cadmium contamination from their water source, while the Appeals Court yesterday upheld the Civil Court’s earlier ruling against zinc-mining companies on the leakage of toxins into the Mae Tao River Basin.

The Southern Bangkok Civil Court upheld the previous court decision to sentence 84 people in three tambon of Tak’s Mae Sot district in a complaint filed against Padaeng Industry and Tak Mining Co. It also ruled that the 20 plaintiffs be given Bt62,000 each in compensation for cadmium poisoning. No court decision has been made on environmental damage.

“Lean, clean and green”? The AIIB’s first weigh-in

By Nantiya Tangwisutijit

Representatives from 57 countries, journalists, industry experts and civil society leaders gathered in Beijing on 25-26 June for the first annual meeting of the Asia Infrastructure Investment Bank (AIIB).

This was the bank’s first weigh-in, where its first six months of progress since launching in January would be judged by stakeholders and engaged parties. Of keen interest to many were the AIIB’s green credentials.

SEZ policy proves a boon for IEAT sales

By Nantiya Tangwisutijit

The Industrial Estate Authority of Thailand (IEAT) says it sold 1,750 rai of developed land in the first half and expects better sales in the second half, crediting the government’s policy to support special economic zones (SEZs).

First-half sales were well above the target of 1,500 rai, said IEAT governor Verapong Chaiperm.

Along the factory-dense rivers of Vietnam’s Mekong Delta

By Paritta Wangkiat

Much as the banks of a river play a crucial role in its ecosystem and purity, what runs along two of the Mekong Delta’s major waterways is a series of non-environmentally friendly industrial plants and factories.

Dubbed the country’s rice basket, the Mekong Delta is the region in southwestern Vietnam where the Mekong River approaches and empties into the sea via a vast network of distributaries.

Of those distributaries, the main branches of the Mekong River in Vietnam are the Hau and Tien rivers, which both play a crucial role in the region’s land and climate conditions.

However, along the banks of these two rivers now exist a number of factories, processing plants and industrial parks.

The road to Dawei is paved with empty promises

By Nantiya Tangwisutijit

Burma’s State Counsellor and Foreign Minister Aung San Suu Kyi will meet with Prime Minister Gen Prayut Chan-o-cha to discuss bilateral issues focused on trade and economic cooperation during her visit to Thailand on 23-25 June. Meanwhile, the Thai government has announced yet again plans to put the long-delayed Dawei Special Economic Zone (SEZ) project higher on its agenda.

In 2012, Suu Kyi visited Thailand on her first trip outside of Burma in 24 years. She met with Burmese migrant workers in Mahachai, Samut Sakhon province, which has the largest migrant community in Thailand. At that time, she promised to do her best to improve the country’s economy so that migrant workers would have jobs to return home to in Burma.

PDF REPORT Analysis on ADB Investments in the Greater Mekong – NGO Forum on ADB

By Nantiya Tangwisutijit

Since 1992 the Asian Development Bank (ADB) initiated the Greater Mekong Sub-region (GMS) Program encompassing the five countries and parts of China. As of 2016, over USD 14 billion has been invested by the ADB. The GMS program is another flagship endeavor by ADB under the strategic pillar entitled “regional economic integration”. Furthermore the GMS Regional Investment Framework (RIF) 2013 – 2022 serves as the master plan for over 200 projects with an estimated investment of about USD 50 billion.1

Civil society-led impact studies on ADB funded GMS projects suggest that groups mostly dependent on natural resources bear the brunt of direct disempowerment from practices such as mining, logging, involuntary resettlement and road-building among others. Once removed from their rights of access to their customary resources, the ADB presupposes that affected communities will invariably integrate into new market-based economies. Most often than not, however this is far from the local reality.

Government Told to Demand Transparency From SEZ Firms

By Nantiya Tangwisutijit

The companies involved in planning and building special economic zones (SEZs) in Dawei and Kyaukphyu are failing to disclose impact assessments and other information relating to the massive projects, according to the International Commission of Jurists (ICJ).

Progress on the Dawei SEZ, in southern Burma’s Tenasserim Division, has been delayed by a lack of funding, but the governments of Burma, Thailand and, more recently, Japan, are all involved in a project that looks to be moving ahead.

Party, State to facilitate better business in Laos

By Nantiya Tangwisutijit

The Party and State will facilitate Vietnamese investment and business in Laos, President Trần Đại Quang said during a working session with Vietnamese investors in Laos yesterday.

He hailed the efforts of businesses and of the Association of Vietnamese Investors in Laos to overcome difficulties and to ensure their projects are implemented on schedule. He also asked the association and relevant ministries to co-ordinate with the Lao side to better facilitate business operations, with the focus on energy, mineral exploration, exploitation and processing, agriculture, tourism, finance and banking. And he asked businesses to take more social responsibility to reduce poverty, protect the environment, and ensure social welfare.