Formosa pays $500 mil compensation for marine disaster in central Vietnam

By Le Quan - Chi Nhan, Thanh Nien News

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A sewage pipeline that runs from Formosa's steel plant into the sea in Ha Tinh. Photo: Nguyen Dung A sewage pipeline that runs from Formosa's steel plant into the sea in Ha Tinh. Photo: Nguyen Dung

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Taiwanese company Formosa Plastics, which caused deadly marine pollution in the central region by discharging untreated effluents, has paid up the US$500 million compensation it promised to, officials said.
The environment ministry said Tuesday Formosa had transferred the second half of the promised amount a month after paying the first.
But the agriculture and finance ministries are still working on the list of affected people, which will be ready no sooner than at the end of the month.
An estimated 70 tons of dead fish washed ashore along more than 200 kilometers of coast in Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue Provinces in April.
A unit of Formosa Plastics operating a steel plant in Ha Tinh was held responsible for what is thought to be Vietnam’s worst environmental disaster.
The government said the company had discharged waste containing phenol, cyanide and iron hydroxides into the sea. It created a seafood scare across the country and hit tourism in beach towns, harming the livelihoods of more than 200,000 people, including 41,000 fishermen.
The environment ministry released a study last week showing the sea is now safe for swimming and aquaculture though it has set no-fishing zones of over 800 square kilometers saying the environment needs time to recover.

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