China is top dam builder, going where others won’t

Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, one of Southeast Asia's last great wilderness areas. ... In energy-starved Cambodia, trade with China has risen to 19 percent of GDP from 10 percent five years ago, according to an Associated Press analysis of International Monetary Fund data.The year-old $280 million Kamchay Dam in Cambodia's Kampot province was the largest ever foreign investment when approved as well as a political flag-carrier for Beijing. It has been hailed by both governments as a "symbol of close Chinese-Cambodian ties." Cambodia's electricity demand grew more than 16 percent a year from 2002 to 2011, with shortfalls largely met through costly oil imports, said Bun Narith, a deputy director general in the Ministry of Industry, Mines and Energy. Only 14 percent of rural homes have electricity, one of the lowest levels in Southeast Asia. ... Son Chhay, one of the few opposition members in Parliament, said that Chinese-Cambodian dam contracts are simply geared to making profits for the parties involved rather than generating low-cost electricity for the country. "The Chinese have a funny way of doing deals in Cambodia. Construction costs are inflated by some 300 percent, and the profits shared," Son Chhay said. The Cambodian government declined to comment on his claims. ... Illegal loggers ring the site, having all but wiped out stands of rosewood, the highly prized hardwood smuggled to China's furniture makers. ...

http://www.bellinghamherald.com/2012/12/18/2809176/china-is-top-dam-builder-going.html#storylink=rss