ING land revoked after failures

The government has decided to revoke five land titles given to tycoon Ing Bun Hoaw after his company, ING Holdings, failed to develop infrastructure along Boeng Choeung Ek lake and erect a satellite city in Phnom Penh and Kandal province’s Takhmao city. The Council of Ministers issued a decision to revoke the titles, issued in 2011, on May 21. In it, the council said ING Holding did not develop infrastructure along Phnom Penh’s Choeung Ek lake and in Kandal province’s Takhmao city as promised. …

 

Khuon Narim
https://www.khmertimeskh.com/50623221/ing-land-revoked-after-failures/