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Showing posts with label Thailand. Show all posts
Showing posts with label Thailand. Show all posts

Wednesday, 25 June 2014

Court to hear Xayaburi case


Phnom Penh Post, 25 june 2014, by Laignee Barron
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A Thai court decision yesterday may throw a wrench into the works of a mainstream hydropower dam loudly opposed by neighbouring countries.
Agreeing to what NGOs have called an “unprecedented trial”, the Supreme Administrative Court of Thailand accepted a lawsuit that villagers filed in the hope of seeing the cancellation of utility company Electricity Authority of Thailand’s agreement to buy almost all the power generated by Laos’s 1,285-megawatt Xayaburi Dam.
The $3.8 billion project, which the Post reported in March as being already 30 per cent complete, is the first of Laos’s nine planned mainstream projects. Conservation groups say the Thai bank-funded Xayaburi will cause irrevocable damage to Mekong fish populations, and will drastically impact the 60 million people depending on the waterway, including those in downstream Cambodia.
Last month, the Cambodian Senate lent support to the villagers’ case by also demanding Thailand cancel the purchasing agreement. The letter calls Xayaburi “the greatest trans-boundary threat to date to food security, sustainable development and regional cooperation in the lower Mekong River”.
“By investing in the Xayaburi, state authorities are failing to comply with the Thai constitution including holding proper consultations with the affected people,” Pianporn Deetes, a coordinator at International Rivers, said.
Piaporn added that activists hope the “unprecedented” trial will set a new standard for development along the region’s shared waters.
“We hope dam developers in the future will be more mindful and conduct the necessary impact assessments before starting to build,” she said.
The court order comes just two days before the four Lower Mekong countries meet in Bangkok, where they will consider another controversial Lao dam project, the Don Sahong.
While much smaller than the Xayaburi, the 280-megawatt dam could have enormous repercussions for Cambodia, which lies just 2 kilometres south. Though NGOs have previously threatened to sue the Don Sahong’s developers, they would have to take the case to international courts.
“It would not be the same [as in Thailand]; Cambodia doesn’t have the same laws or type of investment in the Don Sahong,” said Meach Mean, coordinator of 3S Rivers Protection Network. “But it has got us thinking about what could happen with Cambodian dams, like the Lower Sesan II,” he said.

Tuesday, 3 June 2014

Cambodia attracts Thai investors

Bangkok Post reported, on june 2nd, 2014 that Although infrastructure is still underdeveloped and the legal system is inefficient, Thai companies will find that Cambodia offers some unique advantages.

Cambodia is one of the most liberalised economies in Asia. The government policy and cambodia's legal framework offer many advantages to the investors whose projects are qualified by the Council for the Development of Cambodia (CDC) - the one stop authority. Foreign investors enjoy the same rights and treatment as the local investors, except land proprety. (read more)



Thursday, 27 March 2014

Report : Trends and Impacts of Foreign Investment in Developing Country Agriculture

Trends and Impact of Foreign Investment in Developing Country Agriculture, Report, FAO, 2012 (online version).

For thailand case stydy : page 91
For cambodian case stydy : page 159 

Wednesday, 26 February 2014

Investment law in Thailand

Pittaya Suvakunta, " China's go-out strategy : Chinese foreign direct investment in Thailand ", Thailand law journal, vol. 14, issue 1, 2011, (online version).

Pornchai Wisuttisak, " Thailand and Australia Free Trade Agreement (Tafta) : The advantage pace of foreign investment of both countries ", Thailand law journal, vol. 12, issue 2, 2009, (online version).

Michael Doyle, " Opinion & analysis : Does Thailand want foreign investment ?", Thailand law forum, 2007, (online version).

Roberto Bergami, " The Thailand-Australia Free Trade Agreement (TAFTA) : Regulation and procedures ", Thailand law journal, vol. 10, issue 1, 2007, (online version).

Piyanuj Ratprasatporn & Kobkit Thienpreecha, " Foreign investment in thailand : Review of the current legislative regime", Tilleke & Gibbins International Ltd., 2002, (online version).

Jonathan W. Leeds " The income tax treaty between the United States and Thailand : An overview and analysis ", Thailand law journal, vol. 1, issue 1, 1998, (online version).