Friday, December 21, 2007

PM Approves Leases for 4 Sihanoukville Islands

Prime Minister Hun Sen has signed a sub-degree approving the leasing of four islands off the coast of Sihanoukville to four little-known companies. the Nov 1 sub-degreee, published in this week's Royal Gazette, leased the island of Koh Sramouch (256,000 square meters) to Ream Resort and Development Co, Koh Broes (562,800 square meters) to Angela Reat Estate Co and Koh Krobei (122,300 square meters) to RPB Investment Co and Koh Tres (89,700 square meters) to Twin Golden Lion Co. The sub-degree did not specify the length of the leases or what the companies would do with the islands. No address for RPB was available Wednesday, and nonw of the other companies could be found at addresses provided by the Ministry of Commerce. SRP lawmaker Son Chhay wrote to Finance Minister Keat Chhon on Wednesday, asking for documentss related to the transaction. "We want transparency and responsibility," he said Thursday, adding that he suspected there had been no open bidding process. Keat Chhon declined to comment on the leases Thursday morning, saying he had just received the documents and hadn't studied them yet. (Prak Chan Thul)

(Retyped from the Cambodia Daily, issued on Friday, December 21, 2007, page 28)
If you want to see map of Sihanoukville, please visit link
http://www.mot.gov.kh/map.asp

Blog Creator's comment
: This article was posted due to my interest in Tourism Development in Cambodia. The main attention here is to share the news on what is going on with tourist sites development.