Bai Bang

From Wikipedia, the free encyclopedia

Bãi Bằng is a controversial[1] project that began as a cooperation between Sweden and Vietnam in 1969. The idea was to build a paper mill in North Vietnam, but a multitude of problems in the war-torn country caused the project to take until 1996 before reaching the projected capacity. The projected cost was 770 million Swedish kronor, but the final cost was 2.8 billion Swedish kronor.

Construction was evaluated by the Chr. Michelsen Institute, a independent, non-profit research foundation based in Norway. At present, the paper mill is one of the more successful in the country.

[edit] References

  1. ^ [http://www.sida.se/sida/jsp/sida.jsp?d=1594&a=32935 "Pappersbruket Bai Bang i norra Vietnam har fått svidande kritik och kallats det största svenska biståndsfiaskot genom tiderna." translation from Swedish: "The papermill Bai Bang in northern Vietnam has received scathing critique and been labelled the largest Swedish development fiasco ever."

[edit] External links