Cambodia: Erdos Hongjun Investment pulls out of Boeung Kak project – a planned development in Phnom Penh that has evicted thousands
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Author: Zsombor Peter & Aun Pheap, Cambodia Daily
17 July 2014
The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least the second Chinese firm to divest from the controversial project, which has forced the eviction of some 3,000 families and left a giant, barren sandpit where a lake deemed crucial to the city’s drainage once lay…[refers to CBRE, HLH Group & Shukaku]
Author: Zsombor Peter & Hul Reaksmey, Cambodia Daily
Families still waiting for promised land titles in Phnom Penh’s Boeung Kak neighborhood said…that the municipal government is offering to give them their long-awaited tenure rights only if they agree to give up part of their land. About 100 Boeung Kak families were left out of a plan, announced by Prime Minister Hun Sen in August 2011, to give land titles to the hundreds of neighborhood households facing eviction at the hands of a real estate project by CPP Senator Lao Meng Khin. Now those 100 or so families are slowly getting titles, too. But some of them are being asked to give up half their land first, sometimes more…
Author: Licadho [Cambodia]
Some 18 displaced families from the Boeung Kak area arrived at the sand-filled lake accompanied by fellow residents. One family tried to erect wooden poles. Police arrived almost immediately, confiscating the residents' tools and preventing them from going forward...Unable to continue with with their original plan, the Boeung Kak residents staged a peaceful demonstration, complete with singing and speeches. Shortly before noon, when only a small group of women were still singing, mixed forces moved in and began pushing the singers, provoking a confrontation. The group dispersed, but 13 of the women -- including a 72-year-old women pictured in this video -- were chased down by the authorities and arrested.
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Author: Prak Chan Thul, Reuters
The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country's capital, Phnom Penh...Forced evictions are a major problem in Cambodia, with an estimated 30,000 people a year driven from farmland or urban areas to make way for real estate developments or mining and agricultural projects...The World Bank has made a stand over the Boeung Kak Lake area, where 10,000 people face eviction to make way for a luxury real estate project led by China's Inner Mongolia Erdos Hongjun Investment Corp, an unlisted firm that has pledged to spend $3 billion in Cambodia on real estate, metal processing and power generation...