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Cambodia attracts 9.17 bln USD investment from China in last 18 years

Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...

http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm

Russian Firm Steps Up Dam Deal

Laos has stepped up plans for three hydropower dams on Mekong River tributaries, updating an eight-year-old deal with a Russian investor to build the projects for U.S. $1.5 billion. Lao authorities signed a project development agreement with Russia’s Regional Oil for the Sekong 4, Sekong 5, ...

http://www.rfa.org/english/news/laos/hydropower-02062013151208.html

'Separatist' farms replaced by RCAF base

A track of land once farmed by 1,000 families in Kratie province — families violently evicted amid claims they were part of a separatist movement — is now home to a military base. Unit 9 Royal Cambodian Armed Forces base, which will be finished later this ...

http://www.phnompenhpost.com/2013020661212/National/separatist-farms-replaced-by-rcaf-base.html

Ambition Trumps Reality in Investment Figures

Since 2008, a whopping $28 billion worth of investments has been pledged by local and international firms looking to set up lux­ury hotels, a new airport and even Cam­­bo­dia’s first horse racing venue. But a closer look at the list of in­vestments approved by the Cam­bodian ...

http://www.cambodiadaily.com/business/ambition-trumps-reality-in-investment-figures-9387/

Relocation site has villagers worried

Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...

http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html

Draft Law for Lower Sesan Dam Details Plans for Compensation

A draft law on the financing of a controversial dam project in Stung Treng province obtained yesterday shows that about $38 million will be spent on the resettlement of almost 800 families. This marks a significant decrease from the more than 1,000 families the companies ...

http://www.cambodiadaily.com

National Land Program Dropped Communal Titles

Prime Minister Hun Sen’s land-titling scheme announced in June originally included a directive for granting collective property titles to indigenous communities, but this part of the program was scrapped weeks later as it was deemed too costly and time-consuming, documents obtained yesterday show. For “indigenous ...

http://www.cambodiadaily.com/news/national-land-program-dropped-communal-titles-9480/

Companies to face court for illegal logging, land clearing

In what’s believed to be an unprecedented move, the Ratanakkiri Provincial Court has ordered two companies holding economic land concessions to face court questioning on accusations of illegal logging and land clearing. Deputy prosecutor Ros Saram said he summonsed Vietnamese-owned Company 72 last week and will ...

http://www.phnompenhpost.com/2013020561185/National/companies-to-face-court-for-illegal-logging-land-clearing.html

Company Building Lower Sesan 2 Dam Gets OK to Clear Land

Representatives of a massive hydropower dam project in Stung Treng province’s Sesan district approached local authorities late last month informing them that the government had granted the company permission to clear 36,000 hec­tares of land for a reservoir, officials said on Sunday. The 400-megawatt Lower Se­san ...

http://www.cambodiadaily.com/news/company-building-lower-sesan-2-dam-gets-ok-to-clear-land-9252/

Two Banong Groups to Get Communal Titles

Two ethnic Banong communities in Mondolkiri province’s Keo Seima district have completed the final stage in the process to receive rare collective property titles, and are set to receive ownership documents early next month, an official at the Canadian International Development Agency (CIDA) said. Kan Vibol, ...

http://www.cambodiadaily.com

Boeng Kak Families Pitch a New Solution to Land Dispute

A group of Phnom Penh residents locked in a long-running land dispute with a real estate project owned by CPP Senator Lao Meng Khin are pitching City Hall a plan they hope will prevent them from being evicted and keep them close to home. “We ...

http://www.cambodiadaily.com

Cambodia's fuel needs increased in 2012

Cambodia spent more than $1.6 billion importing fuel oil and petrol last year, a figure 14.3 per cent higher than for 2011, the Ministry of Commerce said yesterday. The money spent on importing 1.6 million tonnes of petrol and fuel oil – 100,000 tonnes more than ...

http://www.phnompenhpost.com/2013013161091/Business/cambodia-s-fuel-needs-increased-in-2012.html

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