15ha development on site propose by the resident in Beoung Kak has been denied by Mr. Kep Chutema, governor of Phnom Penh in a meeting today, Cambodian News Express report today.
According the report, Mr. Kep Chutema said if the Boeung Kak’s resident still propose the 15ha on site he will not meet the those people again.
The Boeung Kak community is a victim of Cambodia’s booming economy. In 2007, the Cambodian government granted a US$3-billion concession to Shukaku Inc., a local investment company to jointly develop a 130-hectare area around Boeung Kak with a Chinese company.
Local people say land in the area now costs up to US$1,500 per square meter and ask authorit
y to keep 15ha on site for their resident.