A Change of Guard

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Thursday 9 September 2010

World Bank land alert

Houses burnt, owners arrested and beaten after forced evictions due to land confiscations and land grabbing.

Wednesday, 08 September 2010
By Sebastian Strangio and Vong Sokheng
Phnom Penh Post

Large-scale foreign land deals in developing countries such as Cambodia pose “significant risks” to the livelihoods of the rural poor, according to a new report from the World Bank.

In the 139-page report released yesterday, the bank analyses the effects of a worldwide increase in foreign agricultural land purchases in developing countries with weak land-tenure rights.

The report said such countries often attracted large foreign agro-investments, raising concerns about the ability of local institutions to protect the legitimate land holdings of vulnerable groups.

“These large land acquisitions can come at a high cost. The veil of secrecy that often surrounds these land deals must be lifted so poor people don’t ultimately pay the heavy price of losing their land,” World Bank Managing Director Ngozi Okonjo-Iweala said.

In recent years, Cambodia has attracted increasing interest from foreign agri-business firms, signing several large deals, some worth hundreds of millions of dollars…read the full story in tomorrow’s Phnom Penh Post or see the updated story online from 3PM UTC/GMT +7 hours.

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