Tuesday, January 24, 2012

Dawei energy project moving forward


24 January 2012
(Mizzima) – Italian-Thai Development Plc. (ITD), the developer of the Dawei 
deep-sea port project on the southern coast of Burma, needs to secure 
around US$ 8.5 billion to move ahead on the infrastructure phase of the
massive mega-billion project.

Thai Govt Will Not Meddle in Dawei Dispute


24 January 2012
BANGKOK—The Thai government and key investors are backing the Dawei 
(Tavoy) harbor and economic zone project despite Naypyidaw's recent 
cancellation of a 4,000MW coal-fired power station there and the Karen 
National Union (KNU) stalling a linking highway.

Saturday, January 21, 2012

PTTEP seeks Burma partners


20 January 2012
(Mizzima) – PTTEP, Thailand’s state-owned oil company, wants to sell stakes
in the M11 field off Burma’s coast in February. “We are looking to find two
partners to come in for investment in M11 but, that being said, we will still 
have to hold a 40-50 per cent stake and be a major shareholder,” Reuters 
quoted PTTEP chief Anon Sirisaengtaksin telling reporters on Thursday.

Friday, January 20, 2012

Farmers’ publish story of struggle to hold land


19 January 2012
(Mizzima) – A 38-page booklet on “Forced expropriations of farmlands and
partial victories” by the Farmers' Rights Defenders Network has been published,
documenting the story of villagers of Sissayan, in Magway, who have opposed
attempts of army-backed companies to take over their land.

Thursday, January 19, 2012

Namkham farmers campaign for full compensation of land loss


18 Jan 2012
Farmers in northern Shan State against for granting permission of using 
their land for Chinese oil and gas Company, due to the company did not
pay full compensation, according to the source coming from Sino-Burma border.

China now No. 1 investor in Burma


18 January 2012
(Mizzima) – China has invested nearly US$ 14 billion in Burma, equal to 
35 per cent of Burma's total foreign investments, according to government
statistics. China is now Burma’s No. 1 investor, passing Thailand.