State Power Investment Corporation
About the company
State Power Investment Corporation (SPIC)
Chinese state-owned SPIC is trying to restart the currently suspended Myitsone dam project. The project is opposed by locals because of the displacement and links to increased conflict and human rights violations, as well as environment damage the dams will cause.
No. 28, Financial Street
Kachin News Group 30th August 2018
Myitsone’s moment of truth – Frontier Myanmar – 29th November 2018
Notified 30th November 2018
Added to the Dirty List 11 December 2018
The Dirty List names international companies doing business with the military in Burma. The list also includes international companies involved in projects where there are human rights violations or environmental destruction.
In September 2018, the United Nations Fact Finding Mission on Myanmar, which has been investigating human rights violations in the country, stated:
“The actions of the Tatmadaw (Burmese military) in Kachin, Rakhine and Shan States, in particular in the context of the ‘clearance operations’ in northern Rakhine State in 2016 and 2017, have so seriously violated international law that any engagement in any form with the Tatmadaw, its current leadership, and its businesses, is indefensible.”