Foreign investment

Down to Earth No. 47, November 2000


Newmont, the US-based mining company, has again come under fire at both its operations in Indonesia.

In North Sulawesi PT Newmont Minahasa Raya (80% owned by US mining giant Newmont) was forced to shut down operations at its Ratatotok gold mine three times in as many months. Former land-owners mounted a series of blockades an demanded compensation for land taken over by the company.

Down to Earth No. 47, November 2000

Natural resources are one of the main factors underlying the independence struggle in Aceh, but decades of plunder have left them severely depleted.

The brutal murder of the internationally known Acehnese human rights activist, Jafar Siddiq Hamzah, reminded the world in September that the northern-most tip of Sumatra remains a dangerous place. Despite a 'humanitarian pause' signed by Indonesia and Acehnese independence leaders in June this year, the murders, disappearances and torture have continued.

July / November 2000

This is the short version of a paper prepared by Nostromo Research for Down to Earth and Minewatch Asia-Pacific, July 2000, revised November 2000.

Down to Earth No. 47, November 2000

 

In Brief...


No more forest conversion until forestry plan in place

The forestry ministry has said there will be no further conversion of natural forests for at least two years until a national forest management programme has been approved.

Down to Earth No. 46, August 2000

Another major obstacle to the sustainable management of natural resources is the continuing prominence of the military in many regions. Its continued high profile role from province to village level means that it is a potent threat to the success of regional autonomy, where 'success' means managing local resources sustainably, sharing benefits equitably and respecting human rights.

Down to Earth No. 46, August 2000

The Wahid government's emphasis on foreign investment prioritises the needs of multinational companies over sustainable, community based natural resource management

Soon after taking office, President Wahid pledged his commitment to foreign companies and declared his new government investor-friendly.

Down to Earth No. 45, May 2000

Environment minister Sonny Keraf says the fate of PT Indorayon's North Sumatra pulp mill will be decided by June at the latest. The long dispute has become another test case. How far is the Indonesian government willing to ignore community opposition to damaging projects in order to reassure foreign investors?