Construction & Megaprojects
Well over a year after AES Corporation, a U.S. based power company headquartered in Arlington, Virginia, inundated the lands of the NgÃ¤be to build a hydroelectric dam in Panama, many in the community remains dispossessed.
Tata, India's largest conglomerate, wants to take 10,000 acres of land to mine ilmenite in the southern Indian state of Tamil Nadu. The plan has sparked protests by local villagers who say the project will destroy their traditional way of life and the environment.
Plans for the Don Sahong dam in southern Laos have come under renewed fire from environmental activists. This week activists boycotted a regional consultation on the dam, just eight weeks after filing a formal request for an investigation of Mega First Corporation, the company that has the construction contract.
YPF, the Argentinian state-owned oil company, has signed an agreement with Chevron in the U.S. to extract shale gas and oil using fracking technology in the southern Andes mountains. Local environmental and indigenous activists are gearing up for a fight to stop the controversial technology.
Two employees of Desarrollos EnergÃ©ticos SA (DESA) have been arrested and charged with the murder of Berta CÃ¡ceres, an activist who was fighting the Agua Zarca dam on the territory of the indigenous Lenca people in Honduras. DESA was awarded a permit to build the 22 megawatt dam in 2011.
Some 230 staff are being paid to work at the new Fiona Stanley Hospital in West Australia, even though it will not open to patients till March 2015. The project has been labeled a "privatization disaster" and Serco, the contractor, has come under fire for the soaring costs.
An investment branch of the UK's Department for International Development (DFID) aid agency has come under fire for subsidizing Avance Ingenieros to build elite housing projects in El Salvador at the expense of the UK taxpayer, according to an investigation by the Guardian newspaper.
Entergy, one of the largest utilities in the U.S., has enjoyed healthy profits since Hurricane Katrina. Yet its New Orleans subsidiary has filed for bankruptcy, and frightened ratepayers with visions of bills bloated to 140% of their pre-storm size. Now the Fortune 500 company is threatening to pull the plug on New Orleans if it doesn't get a $700 million-plus federal bailout it doesn't actually need.
A mysterious fire and a missing activist have contributed to the concerns of Russian activists fighting a new highway between Moscow and St. Petersburg. The highway is being built by a consortium that involves Vinci, a French construction multinational, and individuals rumored to be close to prime minister Vladimir Putin.