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Editorial: Idle boasts

The Fafo Institute boasts about the efforts by Norwegian companies in developing countries, according to the business daily Dagens Næringsliv in November. The research institute presented a report, commissioned by the Ministry of Foreign Affairs, where they assessed the system of mixed credits.
Artikkelen er mer enn to år gammel. Ting kan ha endret seg.
The Fafo Institute boasts about the efforts by Norwegian companies in developing countries, according to the business daily Dagens Næringsliv in November. The research institute presented a report, commissioned by the Ministry of Foreign Affairs, where they assessed the system of mixed credits.

From 1985 till 1999, NOK 1.8 billion in aid money was spent under this system. The Fafo study is based on 28 out of a total of 131 projects that have been granted credits. Fafo's project manager Jon Hanssen Bauer says that Norwegian industry has done the job and delivered the goods.

Except, of course, in Indonesia. There, six out of seven projects have increased Indonesia's foreign debt, and four of them have simply come to a halt. In the latter, we recognise Oceanor, Blom, Indonor, and Mjellem & Karlsen.

We also recall that former prime minister Gro Harlem Brundtland and the present prime minister, Jens Stoltenberg, eagerly extolled these projects when the then dictator Suharto gave them a hearty welcome during their visits to Indonesia in 1995-96.

Norwatch Newsletter 13/00

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