Bretton Woods Project - Critical voices on the World Bank and IMF

Jump to main content | Jump to sidebar | Jump to navigation menu

Community files complaint against IFC in Papua New Guinea

News|Bretton Woods Project|23 September 2011|update 77|url
print|email |bookmark FacebookTweet thisdel.icio.usDigg!Stumble UponRedditGoogle BookmarksYahoo Buzz

The Compliance Advisor Ombudsman (CAO) of the International Finance Corporation (IFC), the World Bank's private sector arm, has accepted a complaint by local communities in Papua New Guinea referring to the IFC's role in advising the government on drawing up laws for special economic zones (SEZs). This includes the Pacific Marine Industrial Zone (PMIZ), where foreign investors will be given financial and legal incentives to set up manufacturing industries (see Update 73). The complaint, endorsed by over a 100 local landowners, says that “there has been no proper consultation with the landowners in the area”, and the project is not “in the interests of the majority of people, the environment or improved social conditions.”

In June ACT NOW!, a Papua New Guinean campaigning website, has accused the IFC of “ operating under a cloak of secrecy” with regard to the project. There is scant information about the SEZ on the IFC's webpage, and a fact sheet on the project has been removed. In April ACT NOW! sent the IFC a letter asking about “the timeframe for completion of the project; and how civil society could engage in the process”, but have still not received a reply. In August, after continued controversy over potential environmental and social impacts, a lack of local consultation, and accusations of corruption, the government ordered an immediate review of the project.

Published: 23 September 2011 , last edited: 16 September 2013

Viewings since posted: 3223

Articles: 3465

Advanced article search
Search newswire and resources

New website launched

You are now browsing an archive version of the Bretton Woods Project's website. This site has not been updated since September 2013, but may be used for reference material as the nbew site is being developed. However we suggest you look at the new website:

Recent briefings & reports

Memorandum to the International Development Committee: Inquiry on the Future of UK Development Cooperation  26 June 2013

The Doing Business review: a test of World Bank leadership 24 June 2013

Climate Investment Funds Monitor 7: April 2013  25 April 2013

Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience  24 April 2013

The UK's role in the World Bank and IMF: Department for International Development and HM Treasury  13 March 2013

World Bank on jobs: a "significant departure" or "business as usual"? 13 February 2013

No item found


Bretton Woods Update, 6 emails/year:
highlights fulltext pdf
Alerts of new web content
Weekly newswire email


Bretton Woods Project on Facebook

home | subscribe | donate | search | help | contact

validate: | XHTML | CSS | RSS

powered by Action Apps | hosted by GreenNet | Credits