Showing posts with label Lease of Bokor mountain. Show all posts
Showing posts with label Lease of Bokor mountain. Show all posts

Friday, February 01, 2008

Bokor handed to Sok Kong, Hun Sen crony, in a 99-year lease ... Next up, maybe a 99-year lease of the Royal Palace to Sokimex?

Sok Kong, Sokimex president and Hun Sen crony

Bokor Mountain to be developed

Friday, February 01, 2008
eTravelBlackboardAsia

The historical Cambodian site of Bokor Mountain is to be expanded.

Cambodian petroleum giant Sokimex Group has signed a 99 year lease agreement with the Royal Government of Cambodia to develop the historic Bokor National Park.

The development of Road 32 will link National Road 3 to the peak of Bokor Mountain; also on the cards is the construction of schools, shopping centres and hotels, as well as road rehabilitation.

The process is expected to be finished within 15 years and the initial investment will be US $1 billion.

The official ceremony was held on January 19, attracting over 15 000 guests including government officials and residents.