A Change of Guard

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Monday 13 December 2010

[Ly Yong Phat's] Ground transport hub slated for capital


Photo by: Will Baxter
An artist’s rendition on phnompenh.gov.kh shows plans for a new international bus terminal to be built by LYP Group.

Monday, 13 December 2010
By Tep Nimol
Phnom Penh Post

Local tycoon and CPP Senator Ly Yong Phat has announced plans to build a new bus terminal on the outskirts of Phnom Penh intended to serve as the capital’s ground transport hub.

Ly Yong Phat said his LYP Group had invested about US$10 million in the project, planned to be opened in January or February of 2011.

“I will build the bus station, and if bus companies and other passenger service providers park at my station, they have to pay us a set fee,” Ly Yong Phat said.

The terminal will have a capacity of 264 buses, 540 cars, 342 vans and 300 minibuses, Ly Yong Phat said, and will be constructed on 27 hectares of land in Russey Keo district’s Bak Kheng commune, which was formerly part of Kandal province’s Muk Kampoul district before being re-zoned earlier this year.

Ly Yong Phat has been involved in contentious land disputes in Oddar Meanchey and Kampong Speu provinces with villagers who claim to have been displaced by his development projects.

Muk Kampoul district deputy police chief Koang Siphal said, however, that the land in Bak Kheng commune was uninhabited forest purchased by Ly Yong Phat several years ago....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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