PHNOM PENH (The Cambodia Herald) -- The Cambodian government revoked the licenses of economic land concession for five companies after finding out that the firms haven't followed the procedures and contracts with the government, a senior official said.
Ieng Sophallet, under-secretary of state at Ministry of Agriculture, Forestry and Fisheries, said the ministry was modernizing economic land concessions across the country, and 13 companies have preliminarily been assessed and examined by inter-government committee, and land concessions of five companies were revoked.
He said the government decided to revoke 57,780 hectares of economic land concession for five companies, while letting other eight companies to continue their operation in the economic land concessions.
1 comment:
Good news that the government take back the land concession from these bad firms . But bad news is the incompetent administration who authorize this land concession the the companies without any investigation of their credit in the first hand . Second did this administration have a gut to investigate , how much money this bad firm cut the tree and sale , put million dollars free in their pocket ? It seem to all Khmer people they may have a dark commitment purpose to share benefit in some way or form with these firms . If this administration is really clean please do investigation to these firms how many million dollars they benefit from that land concession and took it back , provide that money as a fund to help Khmer farmers who lost land and properties as a financial assistant .
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