Gov’t orders halt to Koh Pich expansion

30 May 2014
The Cambodia Daily
Concessions / Economic policy and administration / Economy and commerce / Government / Industries / Investment / Land / Land policy and administration / Law and judiciary / Laws and regulations / Ministries and other national bodies / Public land lease / Real estate
Bassac River / Bun Hean / Koh Pich / Ministry of Water Resources and Meteorology / OCIC / Overseas Cambodian Investment Corporation

The owner and developer of Koh Pich in Phnom Penh has been ordered by the government to scale back its expansion of the island, according to the Ministry of Water Resources and Meteorology. According to a statement posted to the ministry’s website on Wednesday, the Overseas Cambodian Investment Corporation (OCIC) has gone beyond its approved artificial expansion of the small island in the Bassac River and has yet to scale back to the approved limit. … The statement says a hectare of the unapproved expansion is still to be scaled back but offers no other details, including any information on how much OCIC had originally exceeded its limit. Neither Water Resources Ministry spokesman Chan Youttha nor OCIC project manager Touch Samnang could be reached for comment. … OCIC has already developed the island extensively, with everything from massive convention halls to restaurants, amusement parks and luxury villas, and has plans to add office buildings and what would be one of the world’s tallest towers if it is ever built.

 Mech Dara
http://www.cambodiadaily.com/news/govt-orders-halt-to-koh-pich-expansion-60029/