Member Info for doze

It is a slam dunk for Phulbari. 10 mins to bag some today.

He says noone left him a road map- there was more or less a rebellion and I think difficult to prepare for the next administration. Also it is easier to clear debt if you spend nothing and accept loans to keep the lights on while shutting down industry and have some of the population resort to wood for cooking.

The roadmap he could have set in motion with an all party consensus but the interim admin was consumed by renewable dogma.

Population density

England 426/sq km

Bangladesh 1333/sq km

Bangladesh is third most dense if you don't count Monaco and The Vatican.

Point being land is a premium commodity and digging out deep OPM with lower thermal content coal may never need to happen.

Good sleuthing with the figures Pappiklon and does rather underline why the site is spelling it out for the electorate, you of course knew it all already iro Phulbari the one ready to go I expect.

I would say the website has become semi official now.

Maybe the Bangladesh interim government supplied a lot of that info as further preparation for hitting the ground running as a lot of that info would be commercially confidential to the parties who might be all Chinese wanting Phulbari to be a quick starter. It will also help with informed voting in 2 days time. GCM were not involved in any of the others as no rnss issued.

We already adhere to the Equator Principles as GCM corporate values so the family card could just be a way for giving entitlement to those.

He could be saying you will get a share of the company/companies, that might mean a regional holding for local purposes.

Thanks Nasirul, you must be quite excited now business looks to be coming to town!

Https://www.gcmplc.com/phulbari-coal-project/benefits/economic-contribution

the Project will contribute 1.5 percent to the country's GDP

Its a sorry place to be...........could get better..

5 is a no risk PE delivering 19p but the developer has to produce.

This is a big incentive to help Bangladesh. The hospital, the road, the barges of coal down the new canal via the new railway connection, the upgraded British airfield and of course and mainly, the upgraded power supply from Phulbari OPM coal supplied mine mouth power station. No direct land border (although they have a presence in Myanmar which does have a land border)so there will be all the facilities in house for a Chinese workforce.

New investors looking to pile in will be reassured by all the allusions to Phulbari which of course the LTHs who have believed in this for some years and will be finding it all a bit unnecessary but happy to have them join the overdue celebrations.

Over to Tarique Rahman! and wishing him success.

I find it ridiculous that the Chinese will be invited in to carry out country infrastructure as required in energy and transport and the population do not get to vote on it. What happens if they have some objections to aspects of the clandestine plan that they never put to the vote and the winning party are unable to reply that you voted for it. The parties are are quite happy to promise all sorts of things but don't say how it will come about. The Chinese will want paying so the benefits of coal extraction should be put forward in advance. The manifesto hints at the mechanism to be applied but why not specify more. Anyway the market is waking up to the involvement of GCM and inevitability of OPM at Phulbari.

Ver to Tarique Rahman!

We are the UK’s number one platform for private investors.

https://www.hl.co.uk/about-us

they have just lowered charges

https://www.hl.co.uk/accounts/fee-changes

GPback- business print in the manifesto:

This alluded to takeover talk in the energy section: 'foreign companies will be rearranged to ensure national interest, technology transfer, and reasonable state control' and in the Foreign Direct Investment section 'Domestic and foreign direct investment will be attracted by enhancing institutional capacity, establishing rule of law and a rule based business environment and removing the main obstacles to capital flow. A business-friendly environment will be created where domestic and international capital will work together to accelerate national growth and productivity. Bangladesh will be developed as a safe, prosperous investment destination.'

https://www.bnpbd.org/manifesto?language=en

They always shake their head when they mean a nod. Ofuscation in the extreme. It would be sensible to spell it out that China and Phulbari are required as a prior to all the other plans to get Bangladesh back to work. The manifesto does say 'foreign companies will be rearranged to ensure national interest, technology transfer, and reasonable state control' which is a direct reference to formulating GCM/PC/(and Petrobangla?) and this could and should have been specified. No transparency at all for the voters. Floury language and they can do what they want but they can't can they?

I was thinking who in the world has those requirements in their cv, it is a tough one to fill but looks essential to TKGM.

I should imagine PC and GCM and Tarique Rahman have the route forward envisaged as there was a visit to see Rahman in London when the Chinese were consulting all parties to the election and the phulbari.org website is updated. Tang has kept the GCM board aligned to PC requirements and they more or less must have conveyed to Rahman the necessary route to satisfy Bangladesh aspirations post election. The update to the website is very indicative. I too have always praised Tang's role in facilitating without seemingly being too capitalistic.