Thailand Backing Controversial Survey to Clear Mekong Islets

The Thai government is backing a plan by China to demolish islets and rocky outcrops on the Mekong River as part of a decade long project to boost shipping navigation from China’s Yunnan province to Luang Prabang in Laos.

The project, known as the Development Plan for International Navigation on the Lancang-Mekong River (2015-2025) is set in three phases, with an initial survey, design, and environmental and social assessments.

Locals slam Mekong blasting plan

The government’s aim to clear the Mekong River’s rocky outcrops to ensure the smooth passage of large cargo boats has set off alarm bells for environmental activists and locals who fear the ecology in the area will be put at risk.

The Mekong River, known in China as the Lancang River, runs through China, Myanmar, Laos, Thailand, Cambodia and Vietnam over a total distance of 4,880km.

Deputy PM urges study on north-south express railway

Deputy Prime Minister Trinh Dinh Dung has urged the Ministry of Transport to accelerate finalizing the pre-feasibility study on the north-south express railway project.

The pre-feasibility study should be appraised by independent, experienced foreign consultants before being submitted to the Prime Minister and the State Appraisal Council, he stressed.

Spare the Mekong

The Prayut Chan-o-cha government made an out-of-the-blue decision that paves the way for the demolition of the Mekong River’s rocky outcrops for the sake of “improved waterway navigation”.

The justification offered is both weak and unjustified. The public was neither consulted nor informed while the well-being of the ecology of the world’s tenth longest river is at risk. And the party gaining the most significant trade benefits will obviously be China.

The media megaphone: does it help curb bad infrastructure projects?

We live today in the most explosive era of infrastructure development in human history. By mid-century the unprecedented rate of highway, dam, mine and power plant construction; along with city growth, will girdle the globe in concrete. Arguably, that burst of activity will improve the lives of millions. But it is also coming at a terrible cost to the natural world, as we lose the rainforests, estuaries, wetlands, wildlife and indigenous people of our planet.

ASEAN insurance role in infrastructure financing

Insurance, known for its long-term nature, plays an essential role in supporting and sustaining economic growth in the ASEAN region. Beyond the traditional protection products, the insurance industry provides capital with a long-term investment horizon and generates opportunities for public-private partnerships in infrastructure projects that are instrumental to economic growth.