Everyday.com.kh
Translated from Khmer by Socheata
The royal government of Cambodia has decided to auction off 3 state-owned rubber companies in Kampong Cham province. The Rasmei Kampuchea reported that the decision for the auction was done in an announcement made by the council of minister recently.
The announcement indicated that the Boeung Ket rubber plantation was auctioned off to the Long Sreng company for more than $9 million, in a 99-year lease. The Memot rubber plantation was auctioned off to the TTY company for more than $11 million, and the Chamcar Andoung rubber plantation was auctioned off (cost?) a French tire company (Michelin?).
The announcement also indicated that the Boeung Ket plantation occupies a total of more than 7,000-hectare of lands, the Chamcar Andoung: more than 6,000-hectare, and the Memot plantation: more than 9,000-hectare.
Rasmei Kampuchea also indicated that Chan Tong Iv, the ministry of agriculture, forestry and fisheries, presided over the transfer of these companies on 14 November. He said that in Kampong Cham province, there will be a transfer of 3 rubber plantation companies to private companies, the three plantations are: The Boeung Ket plantation, the Chamcar Andoung plantation, and the Memot plantation.
Chan Tong Iv added that, based on the agreement made with the 3 private companies which auctioned off the plantations, they agree to allow former employees to continue working there. He then called on all the workers to pay attention in their work, and to provide good work in order to bring in prosperity.
The announcement indicated that the Boeung Ket rubber plantation was auctioned off to the Long Sreng company for more than $9 million, in a 99-year lease. The Memot rubber plantation was auctioned off to the TTY company for more than $11 million, and the Chamcar Andoung rubber plantation was auctioned off (cost?) a French tire company (Michelin?).
The announcement also indicated that the Boeung Ket plantation occupies a total of more than 7,000-hectare of lands, the Chamcar Andoung: more than 6,000-hectare, and the Memot plantation: more than 9,000-hectare.
Rasmei Kampuchea also indicated that Chan Tong Iv, the ministry of agriculture, forestry and fisheries, presided over the transfer of these companies on 14 November. He said that in Kampong Cham province, there will be a transfer of 3 rubber plantation companies to private companies, the three plantations are: The Boeung Ket plantation, the Chamcar Andoung plantation, and the Memot plantation.
Chan Tong Iv added that, based on the agreement made with the 3 private companies which auctioned off the plantations, they agree to allow former employees to continue working there. He then called on all the workers to pay attention in their work, and to provide good work in order to bring in prosperity.
