Erdos Group plans laid bare

3 August 2011
The Phnom Penh Post
Aid and development / Bilateral development assistance / Chinese aid / Economy and commerce / Industries / Manufacturing / Non-DAC members / Real estate
Boeung Kak Lake / Bridges Across Borders / Business and Human Rights Resource Center (BHRRC) / Cambodia International Investment Development Group / Cambodian Centre for Human Rights / Chinese aid / Chinese investment / Development and Reform Commission / Human Rights Task Force / Lao Meng Khin / Mongolia Erdos Hongjun Holding Group / NGOs / Ordos City / Ou Virak / Phnom Penh / Sia Phearum

Documents obtained by The Post have shed new light on the scale of Chinese investment connected with the controversial Boeung Kak lake real estate project. The US$98 million project in northern Phnom Penh is the smallest of Mongolia Erdos Hongjun Holding Group’s planned investments in the Kingdom, according to investment applications from the Development and Reform Commission in Ordos City, China. Despite the scale of investment that Erdos and its partners will pump into the Cambodian economy, NGOs have been unable to reach the Chinese company since protests erupted over forced evictions at Boeung Kak lake in 2008.

http://www.phnompenhpost.com/index.php/2011080350842/National-news/erdos-group-plans-laid-bare.html