Showing posts with label Land price. Show all posts
Showing posts with label Land price. Show all posts

Thursday, June 07, 2007

Political Cartoon: ... from 3 tons to $20 million per Hectare

Cartoon by Sacrava (on the web at http://sacrava.blogspot.com)

KI-Media Note - Also known as Khmer Robbing-hood: "Robbing from the poor and giving it to the rich"

Tuesday, June 05, 2007

Hun Sen warns against a change of leadership

Tuesday, June 5, 2007
By KS
Cambodge Soir

Unofficial translation from French by Tola Ek

Yesterday, the prime minister warned, during the inauguration of a bridge in the province of Kandal, those who would be tempted to change leaders, that his departure will drag down the price of lands. “One must know that peace is established in the country, a source of political stability, it is an essential factor for the rise of land prices. But, be warned that these prices will fall very quickly if you chose another leader who does not represent a guarantee of stability and peace,” Hun Sen said.

He cited, as example, the current price in the area surrounding the Hun Sen park, where the Cambodiana hotel, the Naga casino, the National Assembly, and the Ministry of Foreign Affais are located, where the price of lands rises to $2,000 per square-meter. “Those who only know how to yell when they don’t have the power, but when they get it, they create troubles. If you chose to replace Hun Sen, the prices could fall to $500 per hectare. In some countries, the change of leaderships already provoked troubles,” Hun Sen added.

SRP MP Keo Remy challenges the logic used by the prime minister. “It is true that stability depends on the leaders. But the price of lands is not entirely linked to the leaders: it depends first of all on the country’s economic activity. The more the country is developing itself, the more prices rise.” Keo Remy said.