Phulbari Coal Project is located in northwest Bangladesh,
and it plans to produce 520 million tons of coal (soft coal)
by open-pit mining in a period of 30 year. The project aims
to contribute to Bangladesh’s economy by providing and stabilizing
energy source, and by promoting foreign direct investment
in northwest Bangladesh through the establishment of a new
Currently, Asian Development Bank (ADB) is considering a
private sector loan (US$100 million) and political risk guarantee
(US$200 million) to a UK based company, Asia Energy Corporation
for this project. The ADB’s board approval for this project
is expected in October 2007.
JACSES is demanding for a rejection of the project, due to
a number of issues large number of resettlements, serious
human rights violation, inadequate consultation and information
disclosure, inappropriate information collection ability of
ADB, and low economical merit for Bangladesh.
JACSES conducted interviews in Phulbari to research on human
rights violation issues and social and environmental impacts
of the project. It has become clear that the Asia Energy PLC
and the Government of Bangladesh are making false statements
and violating the disclosure policy of ADB.
Contact Person: Yuki