Logo of Phnom Penh Post newspaper Phnom Penh Post - ‘Delinquent’ companies lose ELCs

‘Delinquent’ companies lose ELCs

‘Delinquent’ companies lose ELCs

Seven private companies have had their land concessions – covering a total of more than 10,000 hectares in three provinces – recalled for not meeting their contractual obligations, Minister of Environment Say Sam Al said yesterday.

The government withdrew the licences of Vimean Seyla Co, Ltd; Sanheng Investment; Blue Metro Co, Ltd; Heng Bunleap Co, Ltd; Sann Vatanak Co, Ltd; Chan Roath Group; and Thansouk Co, Ltd, which had holdings in Preah Sihanouk, Koh Kong and Kampong Speu provinces, Sam Al said.

“We have seized the land, because they have had it for such a long time but they have not developed [it]. Some land is occupied by people. We do not [revoke concessions] without any reasons,” he said.

“All the land will be transferred into preservation areas again because the forest has not been cut yet in those areas.”

In May 2012, Prime Minister Hun Sen placed a ban on issuing new economic land concessions and called for a review of existing ones.

MOST VIEWED

  • Government hits back at threats to pull EBA, suspend UN seat

    The spokesman for the ruling Cambodian People’s Party (CPP) has said the government is in no way concerned after the European Parliament gave it three months to reverse what it called the “systematic repression of the political opposition”. Ignoring the ultimatum could mean facing

  • EU parliament’s 13-point vote to decide on possible sanctions

    The European Parliament is due to vote on Thursday on a 13-point resolution on Cambodia – which includes a call for the treason charges against bailed opposition leader Kem Sokha to be dropped – a threat that could see the EU enforce a range of sanctions against

  • Chinese influx pushing locals, Westerners out of Preah Sihanouk

    Some within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment

  • Sar Kheng: Sokha requested security

    Interior Minister Sar Kheng on Sunday revealed the story behind the transfer of former opposition party leader Kem Sokha from Trapaing Phlong prison in Tbong Khmum province to his house in the capital. Speaking at the ruling Cambodian People’s Party (CPP) headquarters in Prey