After hiatus, World Bank OKs proposal for new funding

Officials at the World Bank, which in 2011 froze new loans to Cambodia amid a furore surrounding the Boeung Kak lake evictions, have approved preliminary proposals to issue funding for a project that could see families forcibly removed in Kampong Thom province. Under the World Bank’s Land Allocation for Social and Economic Development II (LASED II) project, $25 million would be given to the Ministry of Land Management, Urban Planning and Construction. … Loans were stopped over the bank’s support for a land-titling program that sparked outrage when Boeung Kak lake residents were forcibly evicted to make way for a concession granted to ruling Cambodian People’s Party Senator Lao Meng Khin. …

Daniel Pye and Mom Kunthear
http://phnompenhpost.com/national/after-hiatus-world-bank-oks-proposal-new-funding