tag:blogger.com,1999:blog-3382539233184523416.post894043700821281925..comments2023-03-24T21:54:35.404+08:00Comments on Dreaming of Pandora Forest - LANGKAWI NATURE BLOG, CONSERVATION ISSUES AND MORE: PM's Impetus Development to LangkawiDreamerhttp://www.blogger.com/profile/08797658135561940402noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3382539233184523416.post-61809958139462632812010-12-12T23:38:36.882+08:002010-12-12T23:38:36.882+08:00Hi Ron Kirby;
Thank you for supporting our (minori...Hi Ron Kirby;<br />Thank you for supporting our (minorities of the islanders) statement.<br /><br />Hi Anonymous Dec 11th;<br />Many thanks for feeding the news in. <br />The redevelopment has already started.Dreamerhttps://www.blogger.com/profile/08797658135561940402noreply@blogger.comtag:blogger.com,1999:blog-3382539233184523416.post-47852454001290406802010-12-11T13:44:59.452+08:002010-12-11T13:44:59.452+08:00http://biz.thestar.com.my/news/story.asp?file=/201...http://biz.thestar.com.my/news/story.asp?file=/2010/12/10/business/7594911&sec=business<br /><br />"KUALA LUMPUR: The government’s investment arm, Khazanah Nasional Bhd, has teamed up with Camco International to set up Camco South East Asia, which will be involved in carbon emission reduction projects.<br /><br />Khazanah will have 40% stake in the joint venture company while the remainder will be held by Camco International."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3382539233184523416.post-51994049503499013182010-12-11T13:19:42.775+08:002010-12-11T13:19:42.775+08:00http://www.camcoglobal.com/en/1285582935774.html
...http://www.camcoglobal.com/en/1285582935774.html<br /><br />http://www.reuters.com/article/idUSLDE68S0Q220100929?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+reuters%2FmergersNews+%28News+%2F+US+%2F+Mergers+News%29&utm_content=Google+Reader<br /><br />Seems like the majority shareholder of Camco, the group that will do the environmental impact study on the Teluk Datai development, is Khazanah Nasional which in turn is owned by the Malaysian. <br /><br />NST states in it's print edition on Thursday dec 9th 20101 that "Khazanah has 5.3% stake" in this company. <br /><br />Meanwhile Reuters states:<br />"Khazanah on Monday said it would invest 1.86 million pounds ($3 million) for 9.28 million Camco shares. It also said it would buy a further 19.6 percent stake in the secondary market, giving it a final holding of around 24 percent and making it Camco's biggest shareholder."<br /><br />Can Mr Cohen's Camco International be counted on to give an objective environmental impact study? I certainly hope so - there's more than money at stake here.<br /><br />In the same print version of the NST 9 dec 2010<br /><br />"TDR plans to develop only a fifth of 598 ha at Teluk Datai, while the rest, comprising 100,000-year-old rainforests will be untouched" <br /><br />That's approx. 120 ha or 12,000,000 sq meters or just shy of 300 acres that will be affected(if my math is correct). <br /><br />It's unclear (to me) from the article whether these 120 ha are outside the rainforest (perhaps under the water of the bay itself?)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3382539233184523416.post-64520847018495768392010-12-10T09:53:18.982+08:002010-12-10T09:53:18.982+08:00You've got good points there, Wchinner.
Newsp...You've got good points there, Wchinner.<br /><br />Newspaper articles here in Australia have been promoting Pulau Langkawi as an emerging destination of choice in the region in recent times. <br /><br />The impetus given for Aussie travelers to the island isn't its duty-free goods, nor is its <br />hotels. In fact, it is Pulau Langkawi's natural beauty and quaint surroundings that rivals traditional Aussie destinations such as Bali and Phuket.<br /><br />I'm deeply disturbed by the Malaysian government's response to the growing tourism industry and sincerely hope that Langkawi will invest more on its natural assets than to damage them in the long run.<br /><br />Ron KirbyRon Kirbynoreply@blogger.com