News
Work Begins on Controversial Cambodian Dam
As work begins on Cambodia’s biggest dam, those advocating against its construction have warned that the region’s rush for hydropower will have a disastrous effect on millions of people who rely on the Mekong River to survive. Last month, workers began preparing an area in northeastern ...
http://www.voanews.com/content/work-begins-on-controversial-hydropower-dam/1656035.html
World Bank Says Credit Growth Still a Risk
The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...
http://www.cambodiadaily.com/business/world-bank-says-credit-growth-still-a-risk-20690/
Concern Over Chinese Investment
Cambodia’s largest opposition party has expressed concern that China’s investment in the country is heavily skewed towards exploiting natural resources, wreaking havoc on the environment. China is Cambodia’s largest investor by a wide margin, having poured U.S. $9.7 billion into the country over the past 18 ...
http://www.rfa.org/english/news/cambodia/china-02072013175545.html
Xayaburi dam not on agenda
The Mekong River Commission (MRC) will forgo an opportunity to voice opposition to the Xayaburi dam project – which member state Laos began building in November – when it meets for its annual council meeting next week. Surasak Glahan, communications officer with the MRC secretariat, confirmed ...
http://www.phnompenhpost.com/2013010860670/National/xayaburi-dam-not-on-agenda.html
New species, old threats to wildlife: WWF
From a devilish-looking bat to a frog that sings like a bird, scientists have identified 126 new species in the Greater Mekong area, the WWF said Tuesday in a new report detailing discoveries in 2011. But from forest loss to the construction of major hydropower projects ...
Government Defends Chinese Dams
Following a dam breach in Pursat province, ruling CPP lawmakers yesterday defended the government’s primary plan to tackle its energy crisis by contracting Chinese companies to build hydropower dams on the country’s rivers. A section of concrete tunnel at the Stung Atai dam in Pursat province ...
Four feared dead in Cambodia dam accident
According to Veal Veng district police chief Theang Leng, the incident occurred on Saturday afternoon, apparently after heavy water pressure caused part of the Stung Atay dam’s reservoir to collapse. “Four people are missing. We fear they have drowned but this is not sure yet,” he ...
http://www.abc.net.au/news/2012-12-03/an-cambodia-dam/4403764
Chinese sign deal on dam, villagers fear flooding
The massive and highly controversial Lower Sesan 2 Dam project took a major step forward yesterday with the inking of government power purchase agreements and an investment deal between Royal Group and a Chinese company. But details about the contracts, their implementation or the fate of ...