ANZ funded project causing havoc in Central Laos

Bank Track (www.banktrack.org) have released details of how the Theun-Hinboun Expansion Project (a dam and water diversion project partly funded by the ANZ) is threatening livelihoods and food security of communities in Central Laos.

The report says the programme is funded by banks, including the ANZ, who have committed to the Equator Principles, a set of social and environmental guidelines for private banks, and that this project was in violation of Lao law and the Equator Principles in many instances.

Bank Track is one of a coalition of organisations whose report, Expanding Failure explains how the project is displacing thousands of people. To see the full report go to http://www.banktrack.org/download/expanding_failure

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