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Municipality and
Shukaku Inc. signed a $ 79 million 99 year lease agreement for over 133 hectares of prime real estate including Boeung Kak and the surrounding land affecting around 4,225 families. David Pred, co-founder of Bridges Across Borders claims that "The lease is illegal because the lake is
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September 2010, over 1500 affected families were forced to accept compensation for their homes and land well below the market value. Yim Sokhom, an army commander claims that representatives of Shukaku Inc. offered a reimbursement of
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Many former residents of the lake villages now live in slums surrounding the lake. The overcrowded nature of these newly formed slums has led to serious health concerns.
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if proof of residence for five continuous years can be shown, residents of Boeung Kak were denied land titles. Later in the same month of
February 2007, the
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On 26 October 2008, Shukaku Inc began filling the lake with sand causing flooding and the collapse of some houses. Water and electricity was cut.
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state public property and cannot be leased for more than 15 years or damaged or destroyed...by filling in the lake, it will be destroyed.”
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lake in central Phnom Penh amid controversy and protests, and is now undertaking commercial development there.
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and chairman of the
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4000 for his property though similar properties around Phnom Penh would sell for over
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Cambodia: Eucalyptus plantations and pulp production threatens forests and rivers
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The campaign to prevent the development was featured in the 2017 documentary
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Phnom Penh City Center wins in three categories at
Cambodia property awards
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South Korean
Embassy Denies that the Shukaku Inc. Company Comes From Korea
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Spelt as Lau Ming Khan on the
Cambodian Chamber of Commerce website.
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Economic land concessions in
Cambodia: A human rights perspective
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Questions over legality of evictions in the name of development.
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Questions over legality of evictions in name of development
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333:. Bridges across Borders Cambodia. Accessed 2011-03-16
263:. Cambodia Chamber of Commerce. Accessed 2011-03-16
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229:. Accessed 2011-03-16
210:. Accessed 2011-03-16
435:The Phnom Penh Post
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389:World Bank blunder
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