State-Owned Properties to Be Sold, Swapped
Six prime government-owned properties in Phnom Penh and Battambang province have been reclassified as privately held state properties in order to pave the way for the land to be sold or swapped with private companies, according to a sub-decree signed November 8. Signed by Prime Minister Hun Sen, the sub-decree changes the status of six government administration buildings from unsellable state-public property to state-private property. The properties fall under the purview of the Ministry of Posts and Telecommunications and the Ministry of Industry, Mines and Energy, and cover more than 64,587 square meters of land in total. … One of the properties reclassified by the sub-decree is the Boeng Pralit Commune Post Office branch on Sihanouk Boulevard near the intersection with Monivong Boulevard, the capital’s second largest post office building, covering 1,584 square meters. Another post office, the Olympic district branch, was also privatized. In Battambang province, 62,740 square meters of state land belonging to the Ministry of Industry, Mines and Energy were reclassified. …
Kuch Naren
http://www.cambodiadaily.com/news/state-owned-properties-to-be-sold-swapped-48527/
