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| Boeung Kak residents protest against the Chinese involvement in the controversial development of the Boeung Kak lake at Phnom Penh’s ‘Freedom Park’ yesterday. (Photo by: Pha Lina) |
Thursday, 06 January 2011
Khouth Sophak Chakrya and James O'Toole
The Phnom Penh Post
Prime Minister Hun Sen has approved a joint-venture partnership to develop the controversial Boeung Kak lake project involving a Chinese firm and a local company linked to ruling party senator Lao Meng Khin, according to a document signed by the premier and Phnom Penh Municipal Governor Kep Chuktema.
In 2007, local developer Shukaku Inc, owned by Lao Meng Khin, was granted a 99-year lease to develop the lake. In a letter dated November 12 of last year and obtained yesterday, Kep Chuktema wrote to Hun Sen to inform him that Shukaku had established a partnership with China’s Inner Mongolia Erdos Hung Jun Investment Co.
“Shukaku’s owner has asked to register the land in the 99-year lease agreement ... under the new name of Shukaku Erdos Hung Jun Property Development Co, Ltd, for directly implementing the project in the Boeung Kak area,” Kep Chuktema wrote.
Hun Sen initialled the letter on November 27 along with a brief, handwritten notation reading: “agree to the offer”.
Please click here to read more...
In 2007, local developer Shukaku Inc, owned by Lao Meng Khin, was granted a 99-year lease to develop the lake. In a letter dated November 12 of last year and obtained yesterday, Kep Chuktema wrote to Hun Sen to inform him that Shukaku had established a partnership with China’s Inner Mongolia Erdos Hung Jun Investment Co.
“Shukaku’s owner has asked to register the land in the 99-year lease agreement ... under the new name of Shukaku Erdos Hung Jun Property Development Co, Ltd, for directly implementing the project in the Boeung Kak area,” Kep Chuktema wrote.
Hun Sen initialled the letter on November 27 along with a brief, handwritten notation reading: “agree to the offer”.
Please click here to read more...
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