Logo of Phnom Penh Post newspaper Phnom Penh Post - Gov’t cuts leases of 12 ELCs

Gov’t cuts leases of 12 ELCs

Gov’t cuts leases of 12 ELCs

The government yesterday slashed the lifespans of 12 economic land concessions (ELC) – by half in some cases – as it continued to implement a new policy capping ELC leases at 50 years.

In an announcement, the Ministry of Environment said that of 14 companies under review, 12 in Kratie, Oddar Meanchey and Preah Vihear provinces – which together control more than 41,000 hectares of land – had their 70-, 80- and 99-year ELC leases cut to 50 years.

The duration of the other two companies’ leases, which cover almost 18,000 hectares in Virachey National Park, remain under discussion.

“The policy of reducing [leases] to 50 years will be implemented for all companies,” said, Srun Darith, Environment Ministry cabinet chief.

Darith said the ministry has so far entirely revoked the licences of 23 ELCs – covering almost 91,000 hectares – for breaching the terms of their contracts with the government.

The ministry oversees a total of 113 companies holding more than 610,000 hectares in ELCs, he added.

Eang Sophalleth, a spokesman for the Ministry of Agriculture, which oversees another 122 companies holding ELCs, said that as of August 5, 10 companies had had ELCs revoked.

Another six were reduced in size due to breach of contract. ELCs under the Agriculture Ministry’s purview cover between 1.2 and 1.3 million hectares, he added.

MOST VIEWED

  • Ethnic group ‘disappointed’ to be denied French visas to attend court

    Eleven people at the centre of a case involving seven indigenous Bunong villages in Mondulkiri province pursuing legal action in France have expressed disappointment after the French embassy in Phnom Penh denied their visa applications to attend court. A press release said the 11 included a

  • Cambodia nabs 12th place in best retirement destinations

    Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, according to International Living’s Annual Global Retirement Index 2019. For the fourth year in a row, Cambodia took the top spot in the Cost of Living category.

  • EU starts EBA withdrawal

    The EU on Monday announced that it has begun the 18-month process of withdrawing the Kingdom’s access to its preferential Everything But Arms (EBA) agreement over “a deterioration of democracy [and] respect for human rights”. However, the Garment Manufacturers Association of Cambodia (GMAC) said

  • PM: War result of foreign meddling

    Prime Minister Hun Sen said on Sunday that Cambodia’s recent history of conflict was caused by foreign interference. “The wars that happened were caused by provocation, incitement, support, smearing and interference from foreign powers, and the group of ignorant people who pushed Cambodia to