RAGE AT BANGLADESH COAL MINE SCHEME

A huge open$-$cast coal$-$mining project by a British firm, that would involve moving the homes of up to $130000$ workers in Bangladesh, is at the centre of an international row. The company, GCM$,$ plans to dig up to $570$ million tonnes of coal in a project that will displace people from Phulbari, in north$-$west Bangladesh. A river will also have to be diverted and the mangrove forest, which is a world heritage site, would be destroyed too.

Kingdom of Saudi Arabia

Ministry of Education

Saudi Electronic University

College of Administrative and Financial Sciences

The project has attracted widespread hostility. In protests against the scheme $18$ months ago, three people were killed in an area now said to be controlled by the armed forces. Many international campaign groups have written to the Asian Development Bank demanding that it turns down a $$200$ million loan for the project. The World Development Movement is claiming that the social and environmental damage can never be repaired if the scheme receives govemment approval. A spokesman for GCM$,$ on the other hand, stressed the importance to one of the worldNs poorest countries of jobs, incomes and exports.

Source: Observer, $9$ March $2008($adapted$)$

Part A

What do you understand by the term "Stakeholders"? Using examples from the case study, explain the differences between internal and external stakeholders.

Explain the benefits of any two stakeholder groups resulting from this mine project.

Explain the disadvantages to any two stakeholder groups resulting from this mine project.

Discuss the ways in which GCM could reduce the impact of the disadvantages it has created for