
Displaying items by tag: Military
LafargeHolcim to shut down company in Myanmar
28 July 2020Myanmar: Switzerland-based LafargeHolcim says it is liquidating its subsidiary in Myanmar. The group says it decided in 2017 to exit its operations in Myanmar. Subsequently, it wound the company down in 2018, with no local employees and no product sales. Its cement repacking plant in Thilawa special economic zone (SEZ) originally opened in 2014.
The announcement follows the discovery by the Sonntags Zeitung newspaper of military links (Tatmadaw) with two companies allegedly linked to a sale of the assets. In mid-2019 the United Nations (UN) recommended that multinational companies operating in the country, “should conduct heightened due diligence to ensure they are not benefiting the Tatmadaw,” following the persecution of the mainly-Muslim Rohingya in Rakhine state from mid-2017.
Pakistan court rejects petitions against FWO Haripur cement plant
04 December 2019Pakistan: The Peshawar High Court has rejected a petition by local residents to prevent the construction of a US$245m cement plant in Haripur by the military Frontier Works Organisation. The Balochistan Times has reported that the project will entail the relocation of people from an area of 0.66km2 and the felling of ‘thousands of trees.’ The Supreme Court gave a preliminary hearing to the case on 2 December 2019, giving the Attorney General, Advocate General Khyber Pakhtunkhwa and Defence Ministry until 9 December 2019 to submit their replies.