Anti-privatization protests intensify in Phillippines
Asian Development Bank (ADB) pushes privatization of water facilities across Asia.
from the Manila Bulletin
MANILA, The Philippines, May 6, 2010: Advocacy group Freedom from Debt Coalition (FDC) has mounted protests versus the recent privatization of the 246 megawatt Angat hydropower facility, citing in particular potential circumstantial impact on Metro Manila's drinking water.
The group has directed its tirades against multilateral institution Asian Development Bank (ADB) allegedly for the role it played in enticing privatization of water facilities across Asia.
The group noted that "the ADB has been involved in privatizing water services in Indonesia, India, Pakistan, South Korea, Nepal, and Sri Lanka," pointing out further that "power privatization-related projects in Philippines, Bangladesh, Thailand, Pakistan, Indonesia, and at least nine states in India received financing from ADB."
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Posted: May 06, 2010
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