Land

Public land lease

PPSEZ IPO fully subscribed

After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...

Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed

Justice minister wants Battambang land dispute resolved

Minister of Justice Ang Vong Vattana has weighed in on a prolonged land dispute at the Battambang Provincial Court that has seen three protestors shot and another imprisoned. ...

Pech Sotheary
http://www.phnompenhpost.com/national/justice-minister-wants-battambang-land-dispute-resolved

An IPO with a value approach

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...

Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach

Kampong Chhnang disputants’ water woes ‘ignored’

Some 34 families in Kampong Chhnang’s Lorpeang village yesterday filed a new petition at the provincial hall urging authorities to intervene in a nine-year land dispute with KDC International, which villagers say has reached a bottleneck and is affecting their daily lives. ...

Pech Sotheary
http://www.phnompenhpost.com/national/kampong-chhnang-disputants-water-woes-ignored

Hundreds protest Tbong Khmum land disputes in capital

Several hundred protesters representing some 4,000 families from Tbong Khmum’s Memot and Dambe districts arrived in the capital yesterday to petition against powerful private interests they say are encroaching on their land. ...

Pech Sotheary
http://www.phnompenhpost.com/national/hundreds-protest-tbong-khmum-land-disputes-capital

PPSEZ sets timeline for delayed IPO launch

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch

Koh Kong locals seek land’s return

Representatives of 526 Koh Kong families hopped on their motos on Friday morning to deliver petitions to their district town halls calling for the return of land taken from them by a 2006 economic land concession (ELC), as well as compensation for lost crops.   ...

Bun Sengkong
http://www.phnompenhpost.com/national/koh-kong-locals-seek-lands-return

Math behind PM’s canceled ELCs claim still a mystery

On Friday, it will have been a month since Prime Minister Hun Sen took the stage during the opening of the Environment Ministry’s palatial new headquarters in Phnom Penh to announce that 1 million hectares had been confiscated from wayward landholders and would be doled ...

Zsombor Peter and Aun Pheap
https://www.cambodiadaily.com/news/math-behind-pms-canceled-elcs-claim-still-a-mystery-110340/

Thai company to build $30 million factory

One of Thailand’s leading agricultural groups and a major producer of animal feed will build a $30 million factory in the Phnom Penh Special Economic Zone, company officials announced last week. ...

Sok Chan
http://www.khmertimeskh.com/news/22973/thai-company-to-build--30-million-factory/

Thais propose business centers in border areas

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports. ...

May Kunmakara
http://www.khmertimeskh.com/news/22798/thais-propose-business-centers-in-border-areas/

Thailand planning more border SEZs

A Thai study being carried out on special economic zones (SEZ) in 15 provinces along the country’s borders has been welcomed by Cambodian and foreign businessmen, who say both countries can benefit, but some uncertainty remains over exactly where and when the zones will be ...

May Kunmakara
http://www.khmertimeskh.com/news/22680/thailand-planning-more-border-sezs/

Labor shortage hits coastal SEZ

Preah Sihanouk province’s special economic zone (SEZ) does not have enough workers to keep its manufacturing plants and services running at full capacity, officials said.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/21963/labor-shortage-hits-coastal-sez/

PM pledges 1m hectares of ELC land to poor

Prime Minister Hun Sen on Thursday declared an end to the government’s review of Cambodia’s economic land concessions (ELCs), pledging that nearly 1 million hec­tares of reappropriated property would be handed over to poor families. He also announced a major reorganization of the two ministries ...

Kuch Naren
https://www.cambodiadaily.com/news/pm-pledges-1m-hectares-of-elc-land-to-poor-109007/

New border link expected to boost trade with Thailand

Cambodia and Thailand are set to have a new international border crossing on National Road 5, linking Banteay Meanchey province and Thailand’s Sa Kaeo province. ...

Chea Vannak
http://www.khmertimeskh.com/news/21667/new-border-link-expected-to-boost-trade-with-thailand/

Families file complaint against CPP senator

Nine families who lost their farmland to an under-construction special economic zone (SEZ) in Koh Kong province filed a complaint with the provincial government on Friday seeking to have the land excised from the industrial park and returned to them. ...

Kuch Naren
https://www.cambodiadaily.com/news/families-file-complaint-against-cpp-senator-108773/

Indigenous community’s collective land still in danger: Report

The collective land of indigenous communities in Cambodia will continue to face encroachment from economic land concessions and the actions of private companies in the future despite the Cambodian Government’s moratorium on granting ELC licenses, according to a Cambodian Center for Human Rights (CCHR) report ...

Chea Vannak
http://www.khmertimeskh.com/news/21322/indigenous-community---s-collective-land-still-in-danger--report/

Cambodia aims higher in manufacturing sector

After decades of solid growth driven by its garment industry, Cambodia is seeking to shift its economy into more sophisticated light manufacturing, such as electronics and auto-parts. Most of these manufacturers are Japanese and they are slowly coming online in Cambodia’s special economic zones, aiming ...

Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodia-aims-higher-in-manufacturing-sector/3184557.html

Lengthy Banteay Meanchey land dispute finally ends in payout

After a seven-year struggle, a Banteay Meanchey teacher finally got $8,000 in compensation for her land, which was seized by the Cambodian military during a border flare-up with Thailand. ...

Niem Chheng
http://www.phnompenhpost.com/national/lengthy-banteay-meanchey-land-dispute-finally-ends-payout

Families in Ratanakkiri file ELC complaint

More than 220 ethnic Tompuon families in Ratanakkiri’s Lumphat district yesterday filed a complaint to rights group Adhoc over a 2,000-hectare land dispute against an economic land concession.   ...

Phak Seangly
http://www.phnompenhpost.com/national/families-ratanakkiri-file-elc-complaint

Timberland parent company investigating cleaver attack claims

The parent company of U.S. apparel giant Timberland has launched an investigation into claims that security guards at a special economic zone in Kandal province viciously attacked the workers that make the brand’s clothing and footwear, a company representative said Wednesday. ...

George Wright and Aun Pheap
https://www.cambodiadaily.com/news/timberland-parent-company-investigating-cleaver-attack-claims-107414/

Mong Rethy group given deadline to pay ELC back taxes

The government has warned Mong Reththy Group (MRT), an investor in agro-industrial crops such as palm oil and cassava, that it must pay all outstanding back taxes on its economic land concession in Sihanoukville’s Prey Nop district within three months, according to a document received ...

May Titthara
http://www.khmertimeskh.com/news/20867/mong-reththy-group-given-deadline-to-pay-elc-back-taxes/

Government blocks alleged letter granting logs to try pheap

The government is refusing to release copies of letters it claims to have sent to timber traders Try Pheap and Lim Bunna giving them permission to collect already felled wood on a pair of canceled economic land concessions (ELCs) inside a wildlife sanctuary. ...

Zsombor Peter
https://www.cambodiadaily.com/news/government-blocks-alleged-letter-granting-logs-to-try-pheap-107118/

Protesters put sugar firm’s wall on hold

Roughly 30 villagers locked in a land dispute with Koh Kong Sugar protested at a construction site yesterday where they say the company was attempting to erect a concrete barrier on disputed land. ...

Pech Sotheary
http://www.phnompenhpost.com/national/protesters-put-sugar-firms-wall-hold

Agro giant denies rent overdue

Mong Reththy Group, one of the Kingdom’s largest agro-industrial conglomerates, insisted yesterday that it had settled arrears on its palm oil concession more than six months ago, contrary to local media reports stating the company owed concession rental fees dating back nearly 20 years. ...

Sor Chandara
http://www.phnompenhpost.com/business/agro-giant-denies-rent-overdue

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