Land
Public land lease
Mining Firm With Local Licenses Sees Investment
BlackRock Inc., the world’s largest investment firm, has purchased a multi-million dollar stake in a mining firm with a gold exploration licenses in Cambodia. Stephen Promnitz, CEO of Indochine Mining, which is listed on the Australian Stock Exchange and holds a gold exploration license in Kratie ...
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back
Preah Vihear land primed for plantation concessions
The government has reclassified 23,182 hectares of state land in Preah Vihear province for private development by three agro-industry firms, paving the way for them to secure economic land concessions (ELCs). Reclassification of state public land to state private land is a key step toward establishing ...
Chinese state firm in talks to take over rail project
With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...
Toll may lose rail rights
A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...
Land row trial delayed
Four villagers accused of masterminding the theft and intentional damage of property belonging to Cheat Aphiwat Co Ltd in a land dispute will have another month to prepare for trial after right groups Adhoc garnered them a delay yesterday. A village chief and three other villagers ...
Borei Keila evictees given hope
Borei Keila families have slept under staircases near piles of rubbish since they were forced from their homes on January 3, but they are hopeful of compensation following an unexpected visit from city officials last week. Representative Chum Ngan, 39, said village, commune and Phnom Penh ...
Cham families agree to move from the riverbank
More than 100 Cham families living in boats on the banks of Phnom Penh’s Chroy Chongva peninsula have agreed to relocate upriver after they celebrate the end of the holy month of Ramadan over the weekend, a community representative said on Friday. Matt Kriya, a representative ...
Firm says gold deposit discovered in Mondolkiri
Renaissance Minerals announced Friday it has discovered a high-grade gold deposit in an area in Mondolkiri province that lies within the Australian firm’s Cambodian Gold Project. The new find is located about 500 meters to the northeast of the company’s Okvau exploration zone. The announcement comes ...
Missing Land Protesters Were Arrested, Charged With Fraud
Two men from Kratie province who were removed from a vehicle on Tuesday while traveling to Phnom Penh to demonstrate at Prime Minister Hun Sen’s house over a land dispute, have been arrested by internal security police and charged with fraud, an official said yesterday. Sless ...
Islands up for grabs
More than 180,000 hectares on 28 of Cambodia’s 64 islands were reclassified as state private property for 31 companies seeking land concessions between 2008 and 2010, government sub-decrees reveal. The reclassification sub-decrees, compiled by investigators at the rights group Adhoc, pave the way for firms to ...
Opposition urges China checks
Prime Minister Hun Sen has called investors from China’s Anhui province to invest in numerous sectors across Cambodia in an effort to spur two-way trade between the Kingdom and China in order accomplish their joint target of US$5 billion in trade by 2015. Meanwhile, Cambodia’s opposition party ...
http://www.phnompenhpost.com/index.php/2012081758136/Business/opposition-urges-china-checks.html
Land Protesters Go Missing En Route to Rally
Two land dispute protesters disappeared yesterday after being stopped by the police and detained while driving from Kratie province to Phnom Penh with a large group who intended to stage a protest in front of Prime Minister Hun Sen’s house. About 200 villagers from Snuol district ...
New twist in Cambodian sugar firm saga
Taiwanese food supplier Ve Wong, one of two sugar company owners locked in a long-running battle with villagers in Koh Kong’s Sre Ambel district, has made an eyebrow-raising offer – to give the disputed land back. The company’s offer, posted to the non-profit Business and Human ...
Cambodia Cancels Concessions Threatening Forests
Cambodia annulled licenses to four private firms whose concession of 40,000 hectares threatens Prey Lang, one of the richest national forests. A letter from the Council of Ministers to the Ministry for Agriculture, Forestry and Mining, in charge of managing the forests and the natural resources, ...
Borei Keila Land Dispute Residents Pray for Help
Former residents of the Borei Keila community who are embroiled in a land dispute with the Phanimex firm gathered yesterday for prayer service in an appeal to the government to resolve their dispute. The residents claim the company failed to provide replacement housing or land to ...
Group discovers illegal logging
An expedition to expose illegal logging uncovered about 50 hectares of clear-felled forest yesterday that activists from the Prey Lang Community Network have filmed and photographed to lobby government officials, a group representative said. Chum Yin said more than 60 villagers had traveled to seven villages ...
Homes Destroyed, One Arrested Amid Land Grab
The homes of 137 families in Pursat province’s Phnom Kravanh district have been demolished since Tuesday, when more than 60 police, military forces and forestry officials began evicting families from land claimed by Touch Hiv, an agricultural company, local officials and villagers said yesterday. “We ...
S'ville Families Get New Court Eviction Order
More than 100 families who had their evictions delayed on Thursday in observance of a nationally broadcast speech by Prime Minister Hun Sen have once again been ordered to move out, according to local officials. Provincial governor Sboang Sarath said yesterday that the provincial court had ...
Phnom Penh Court Charge Four Officials Of Land Ministry Over Corruption
The media release from ministry of land management, urbanization and construction on August 10 said: after getting information of irregularity on implementing the social economic land for former armed forces and poor families which published in media on June 14,2012. Ministry set up a committee to monitor the ...
Cham Families On Riverbank Told to Leave
More than 100 Cham fishing families who moor their boat homes on the banks of Phnom Penh’s Chroy Changva peninsula have been ordered to relocate, with one official saying the fishing boats were spoiling the beauty of the riverbank and the area around the new hotel. “We already ...
China firm proposes $6.5bn deal
Chinese firms have huge ambitions for Cambodia, with a second firm this week proposing three projects worth an estimated US$6.5 billion to the National Assembly yesterday, but no deadlines were set for the implementation of the projects, according to officials. Pan Xiaoping, chairman of Ruijin Investment Holding Ltd, ...
http://www.phnompenhpost.com/index.php/2012080957898/Business/china-firm-proposes-65bn-deal.html
Families plead for help to stop Pursat evictions
More than 70 families in Pursat province’s Anlong Tnort commune plan to send a letter to their provincial hall today compelling officials to stop a private farming company from tearing down their houses on its 3,000 hectare economic land concession. Ratanak Visal Development Co Ltd’s security ...
Rock and a hard place
Sarorn Phi, 39, cautiously stops his moto 20 metres away from the large, signless boom gate blocking his path in Sesan district. He shuffles toward the security guard’s hut at the entrance to a sprawling Chinese rubber plantation and negotiates with the guard to enter ...