Chinese companies lobby for 2nd nuclear power plant in Bangladesh

[UKBengali]

They are lobbying for it.. Japan is still quite rich.

Sure Japan has learnt from Fukushima and it's reactors are much safer now.

 

[Viet]

Sure Japan has learnt from Fukushima and it's reactors are much safer now.

Japan nuclear technology is very expensive. Same for Russia. I don’t think China offers cheaper. $12 billion for some 2,200 MW is not cheap. Germany scraps nuclear power. Same for Vietnam. We scrapped nuclear plants of Russia and Japan. For the amount of money you can generate multiple times higher clean energy. By wind and solar.

Vietnam generate 10,000 MW solar last year. We are on target to generate 35,000 MW for a fraction of the costs. As developing countries as BD or VN, you should weight costs to benefits. Ok maybe if we become rich in the future we will come back with nuclear.

Until then nuclear energy generation could become cheaper.

 

[beijingwalker]

They are lobbying for it.. Japan is still quite rich.

Why didn't see Japan invest much in Bangladesh? Probably not in top 10.

According to the UNCTAD’s 2018 World Investment Report, FDI closed at USD 2.15 billion in 2017 (down 7.76% from USD 2.33 billion in 2016) due to energy and telecommunication investments - the most important FDI recipients - levelling off.

The main investors in the country are China, South Korea, India, Egypt, the United Kingdom, the United Arab Emirates and Malaysia. Total FDI stock was estimated USD 14.6 billion (5.8% of the country's GDP) in 2017 by the UNCTAD.

Bangladesh received US$ 28bn in foreign investment in 5 yrs, China on top
Bangladesh received more than US$ 28 billion in investment from 45 countries in the last five years with China investing the highest amount of US$ 8107 million.

According to the BIDA's statistics, the top ten countries in terms of investment size are: China (US$ 8107 million), the UAE (US$ 7836 million), Saudi Arabia (US$ 2461 million), Singapore (US$ 2261 million), the UK (US$ 1962 million), The Netherlands (US$ 1744 million), the USA (US$ 1219 million), India (US$ 976 million), Thailand (US$ 637 million) and Japan (US$ 384 million).

 

[UKBengali]

Japan nuclear technology is very expensive. Same for Russia. I don’t think China offers cheaper. $12 billion for some 2,200 MW is not cheap. Germany scraps nuclear power. Same for Vietnam. We scrapped nuclear plants of Russia and Japan. For the amount of money you can generate multiple times higher clean energy. By wind and solar.

Vietnam generate 10,000 MW solar last year. We are on target to generate 35,000 MW for a fraction of the costs. As developing countries as BD or VN, you should weight costs to benefits. Ok maybe if we become rich in the future we will come back with nuclear.

Until then nuclear energy generation could become cheaper.

BD does not have either the land for large scale solar parks or natural resources like hydro to generate electricity.
What BD is doing is to build 2 nuclear power plants by 2030 and also to work with India to facilitate hydro imports from Nepal and Bhutan.
Remember that BD can take on 10s of billions of US dollars in debt as it has by far the lowest debt to GDP ratio in S Asia.

 

[TopCat]

Why didn't see Japan invest much in Bangladesh? Probably not in top 10.

According to the UNCTAD’s 2018 World Investment Report, FDI closed at USD 2.15 billion in 2017 (down 7.76% from USD 2.33 billion in 2016) due to energy and telecommunication investments - the most important FDI recipients - levelling off.

The main investors in the country are China, South Korea, India, Egypt, the United Kingdom, the United Arab Emirates and Malaysia. Total FDI stock was estimated USD 14.6 billion (5.8% of the country's GDP) in 2017 by the UNCTAD.

Bangladesh received US$ 28bn in foreign investment in 5 yrs, China on top
Bangladesh received more than US$ 28 billion in investment from 45 countries in the last five years with China investing the highest amount of US$ 8107 million.

According to the BIDA's statistics, the top ten countries in terms of investment size are: China (US$ 8107 million), the UAE (US$ 7836 million), Saudi Arabia (US$ 2461 million), Singapore (US$ 2261 million), the UK (US$ 1962 million), The Netherlands (US$ 1744 million), the USA (US$ 1219 million), India (US$ 976 million), Thailand (US$ 637 million) and Japan (US$ 384 million).

Bangladesh still a very primitive economy whereas Japanese usually invest in high techs. Most Japanese money coming as foreign aid and soft loan through JAICA. They are not considered as FDI.
For instance the deep sea port which suppose to be a Chinese investment went to Japanese as development partner through JAICA and not considered as FDI.

 

[UKBengali]

Why didn't see Japan invest much in Bangladesh? Probably not in top 10.

According to the UNCTAD’s 2018 World Investment Report, FDI closed at USD 2.15 billion in 2017 (down 7.76% from USD 2.33 billion in 2016) due to energy and telecommunication investments - the most important FDI recipients - levelling off.

The main investors in the country are China, South Korea, India, Egypt, the United Kingdom, the United Arab Emirates and Malaysia. Total FDI stock was estimated USD 14.6 billion (5.8% of the country's GDP) in 2017 by the UNCTAD.

Bangladesh received US$ 28bn in foreign investment in 5 yrs, China on top
Bangladesh received more than US$ 28 billion in investment from 45 countries in the last five years with China investing the highest amount of US$ 8107 million.

According to the BIDA's statistics, the top ten countries in terms of investment size are: China (US$ 8107 million), the UAE (US$ 7836 million), Saudi Arabia (US$ 2461 million), Singapore (US$ 2261 million), the UK (US$ 1962 million), The Netherlands (US$ 1744 million), the USA (US$ 1219 million), India (US$ 976 million), Thailand (US$ 637 million) and Japan (US$ 384 million).

Japan gives 2 billion dollars of very low interest loans to BD every year. That is more than sufficient.

 

[Michael Corleone]

btw, Japan discharges untreated nuclear waste into the sea.

source?

also countries that conducted atmospheric nuclear tests should refrain from acting concerned about the environment, especially when it is one of the most polluting country in the world

 

[beijingwalker]

Bangladesh still a very primitive economy whereas Japanese usually invest in high techs. Most Japanese money coming as foreign aid and soft loan through JAICA. They are not considered as FDI.
For instance the deep sea port which suppose to be a Chinese investment went to Japanese as development partner through JAICA and not considered as FDI.

China also aided Bangladesh a lot which may not be considered FDI, the investment of Japan is Bangladesh is only a tiny fraction of China's, not even close, so even factor in all possibilities, it''s still negligible. If you count your future development on Japanese money, you guys will be very disappointed.

 

[TopCat]

China also aided Bangladesh a lot which may not be considered FDI, the investment of Japan is Bangladesh is only a tiny fraction of China's, not even close, so even factor in all possibilities, it''s still negligible. If you count your future development on Japanese money, you guys will be very disappointed.

Most of the Chinese projects are actually suppliers credit and from chinese exim bank. They did help a lot but solely awarded to Chinese company. But for Japanese loan, a lot of Chinese contractor won the projects and made money.

FDI are those where private companies set up factories and make money. In that case sure there are a lot of Chinese companies specially in power, garments and textiles are investing heavily. Japanese companies are not that much involved as they mostly invest in high tech auto, electronics etc.

 

[beijingwalker]

Most of the Chinese projects are actually suppliers credit and from chinese exim bank. They did help a lot but solely awarded to Chinese company. But for Japanese loan, a lot of Chinese contractor won the projects and made money.

FDI are those where private companies set up factories and make money. In that case sure there are a lot of Chinese companies specially in power, garments and textiles are investing heavily. Japanese companies are not that much involved as they mostly invest in high tech auto, electronics etc.

Between China and Japan, there are " the UAE (US$ 7836 million), Saudi Arabia (US$ 2461 million), Singapore (US$ 2261 million), the UK (US$ 1962 million), The Netherlands (US$ 1744 million), the USA (US$ 1219 million), India (US$ 976 million), Thailand (US$ 637 million) ". I think you can start comparing Japan's investment with Thailand first and gruadually move up to the top.

 

[SBUS-CXK]

source?

also countries that conducted atmospheric nuclear tests should refrain from acting concerned about the environment, especially when it is one of the most polluting country in the world

Applause!

Pacific urged to stop Japan's nuclear waste plans
https://www.radionz.co.nz/internati...fic-urged-to-stop-japan-s-nuclear-waste-plans

Nuclear tests do cause environmental pollution. So that's we need the NPT（do you know the nuclear non-proliferation treaty?）. about serious environmental pollution in Bangladesh，This does not seem to explain why Japan discharged untreated nuclear waste into the sea...

Applause again to the Bangladesh members！

Most of the Chinese projects are actually suppliers credit and from chinese exim bank. They did help a lot but solely awarded to Chinese company. But for Japanese loan, a lot of Chinese contractor won the projects and made money.

FDI are those where private companies set up factories and make money. In that case sure there are a lot of Chinese companies specially in power, garments and textiles are investing heavily. Japanese companies are not that much involved as they mostly invest in high tech auto, electronics etc.

Applause! Bangladeshis have begun to classify Chinese and Japanese investments.

 

[Viet]

BD does not have either the land for large scale solar parks or natural resources like hydro to generate electricity.
What BD is doing is to build 2 nuclear power plants by 2030 and also to work with India to facilitate hydro imports from Nepal and Bhutan.
Remember that BD can take on 10s of billions of US dollars in debt as it has by far the lowest debt to GDP ratio in S Asia.

Ok if not solar, Coal and gas plants cost a fraction of nuclear. You should consider operating cost and maintenance of nuclear.That will add $1 billion or so a year into the calculation. In contrast, solar plants operating costs and maintenance are too little to consider.
As for land, there are many options. Modern solar plants require less land. How about solar plants at sea?

Consider this: the money, you save, can be spent on buying VN cars

 

[beijingwalker]

Don't know why Bangladeshi tend to have their all bets on Japan while Japan actually doesn't seem very interested in Bangladesh, it feels like one way love. Japan's economy is struggle itself and can only be only more so in the future, how can anyone expect they would like to spare money and resources to prop up Bangladesh.

 

[SBUS-CXK]

Ok if not solar, Coal and gas plants cost a fraction of nuclear. You should consider operating cost and maintenance of nuclear.That will add $1 billion or so a year into the calculation. In contrast, solar plants operating costs and maintenance are too little to consider.
As for land, there are many options. Modern solar plants require less land. How about solar plants at sea?

Consider this: the money, you save, can be spent on buying VN cars

I only know about offshore wind power.

 

[Michael Corleone]

Applause!

Pacific urged to stop Japan's nuclear waste plans
https://www.radionz.co.nz/internati...fic-urged-to-stop-japan-s-nuclear-waste-plans

Nuclear tests do cause environmental pollution. So that's we need the NPT（do you know the nuclear non-proliferation treaty?）. about serious environmental pollution in Bangladesh，This does not seem to explain why Japan discharged untreated nuclear waste into the sea...

Applause again to the Bangladesh members！

you claimed that is what they do... whereas the article talks about it being a plan, or an idea if you will which would have never been okay with the japanese public anyway... or the govt. of japan

and your country isn't even a signatory to the NPT treaty that you're flaunting to my face... so while you expect the rest of the world to abide by a certain standards which you don't follow, and judge other countries while clearly you guys are on the same boat regarding pollution... the words coming from you is hilarious.

one would say you deserve to be applauded... not me