(September 17, 1998) Four years after the World Bank-financed Pak Mun dam in Thailand began operating, the World Bank has released a report admitting that compensation for lost fishing income and resettlement planning was poorly handled and inadequate. But the report, prepared by Warren Van Wicklin III of the World Bank’s operations evaluation department, also says that the people who were compensated complain too much.
Other News Sources
(September 15, 1998) Not even the economic crisis sweeping Asia can shake the World Bank’s commitment to the Nam Theun 2 hydro dam in Lao PDR. The dam’s developers have no customers for the power and no commercial lenders willing to risk their capital on the US$1.3-billion venture.
(September 10, 1998) Laos is determined to become the battery of Southeast Asia through its $1.2 billion Nam Theun II hydroelectric dam, the country’s largest development project.
(August 31, 1998) Hydro power is in danger of being overtaken by gas-fired generation, because perceptions of its economic and social costs and benefits are skewed, argues Tim Sharp.
(August 24, 1998) As the Yangtze River Valley is engulfed by China’s worst flooding in more than four decades, debate over whether the Three Gorges dam would have stopped this year’s flood has been revived.
(August 24, 1998) Earlier this year, sociologist Wu Ming travelled to the counties around the Three Gorges Dam. Here is the second excerpt from his study, published by the International Rivers Network in March, 1998.
As the Yangtze River Valley is engulfed by China’s worst flooding in more than four decades, debate over whether the Three Gorges dam would have stopped this year’s flood has been revived.
(August 7, 1998) As China’s worst Yangtze flood in half a century hits, the government must decide whether to submerge poor rural districts in order to save large cities like Wuhan. Environmentalist Dai Qing says the Three Gorges Dam would not help.
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
Power Company Off the Hook for Damaging Fisheries in Lao PDR Government or Foreign Aid Should Pay for Restoration, ADB Says
(July 28, 1998) The Lao government or foreign aid agencies should pay for restoring fisheries damaged by the Theun-Hinboun hydro dam, not the power company that owns and operates it, according to the project’s lead financier, the Asian Development Bank (ADB).
(July 14, 1998) Critics say that the World Bank tolerated and in some ways may have inadvertently stoked the corruption and economically corrosive practices of the Suharto regime.
(i) Zhu Rongji Heads Three Gorges Project
(ii) Dam Construction Spurs Archaeological Looting
(iii) Vegetation Species in Yangtze Dam Site to Disappear
(iv) Meteorological Stations to Forecast Floods for Dam
(v) New Book by Dai Qing Investigates Dam Disasters in China
(June 25, 1998) Electricity Generating Authority of Thailand will defer purchases of electricity from several multi-billion-dollar projects in Laos, citing the slowdown in Thailand’s power demand.