Dispute Over Dam Tests New Myanmar

Author: Shibani Mahtani, Wall Street Journal, Published on: 23 February 2014

…[T]he debate surrounding the [Myitsone] dam's future has grown loud. Residents and activists concerned about the project's impact on the environment are fighting to permanently shut it down, while the dam's Chinese developers are pushing to restart work on the expensive structure. The dispute has left Myanmar's government in a bind: Although it wants to honor contracts with foreign investors, it is also under pressure to prove that it is evolving into a functioning democracy that responds to its citizens' concerns…In late December, the company released its first social-responsibility report saying the project won't cause major environmental damage…[refers to Asia World]

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Related companies: China Power Investment