Lifespan of ELCs slashed by gov’t

The government has declared leases on plantations will be limited to 50 years, slashing the length of some existing concessions in half, though neither ministry responsible for overseeing the move would confirm the legal basis for doing so.

The decision was announced in a press release issued by the Ministry of Environment yesterday, with its chief of cabinet, Srun Darith, saying the policy would be implemented on new and already- existing economic land concessions (ELCs). …

Taing Vida
http://www.phnompenhpost.com/national/lifespan-elcs-slashed-govt