Eight Companies Will Invest in Agro-Industry Crops on More than 50,000 Hectares of Land – Monday, 1.2.2010

Posted on 1 February 2010. Filed under: Week 650 | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , |

The Mirror, Vol. 14, No. 650

“Phnom Penh: The Royal Government, represented by the Minister of Agriculture, Forestry, and Fisheries, Mr. Chan Sarun, and representatives of eight companies signed, on 29 January 2010, contracts on agro-industry crop investment on more than 50,000 hectares of land. Most investments focus on rubber plantations in three northeastern provinces of Cambodia.

“The signing ceremony was held at the Ministry of Agriculture. The chief of the cabinet of the ministry, Mr. Hong Nareth, informed Rasmei Kampuchea, saying, ‘After the Minister of Agriculture had received the authorization from the head of the government, we organized this official contract signing ceremony.’ The 8 companies received economic concession land of more than 50,000 hectares for investment. Among the 8 companies, 1 company is from Malaysia, 1 from South Korea, 4 are from Vietnam, and 2 are local companies.

“Based on the contracts, he said that the Malaysian company will invest in agro-industry crops on more than 7,800 hectares of land in Mondolkiri. The South Korean company will invest to plant rubber trees on 6,600 hectares of land in Kratie. The companies from Vietnam will plant rubber trees and agro-industry crops, raise animals, and establish processing factories on 20,900 hectares of land in Kratie and Ratanakiri. Local companies will invest in rubber and agro-industry crops plantation on 16,900 hectares of land in Kratie.

“Speaking on behalf of the Royal Government, the Minister of Agriculture welcomed the investments by all investors that respond to the Royal Government’s needs. He considered the official decisions and deals at this time as mutual beneficial contributions and joint development efforts for Cambodia to reduce poverty, to create employment, and to transfer agro-industrial techniques to Cambodian people.

“The minister reminded all companies which have received the right to invest that they have to implement their activities according to the contracts. In the meantime, the ministry is ready to cooperate to ensure that the investment becomes successful.” Rasmei Kampuchea, Vol.18, #5113-5114, 30-1.1-2.2010

Newspapers Appearing on the Newsstand:
Monday, 1 February 2010

Deum Ampil, Vol.4, #401, 30.1.2010

  • Human Rights Watch Backs Prime Minister’s Warning to [army and navy] Generals [over their illegal actions and corruption]

Kampuchea Thmey, Vol.9, #2164-2165, 30-1.1-2.2010

  • An Armed Clash Broke Out at Point 532, Resulting in the Death of a Siamese [Thai] Soldier [Khmer soldiers claimed that Thai soldiers started shooting at Khmer soldiers first, when they tried to approach the Thai soldiers to ask why they came into Khmer territory]
  • Samdech Dekchor Hun Sen: The Draft of an Anti-Corruption Law Has an Article about Property Declaration [all officials, such as military and police officials and politicians, are required to declare their property, otherwise they will be punished; but he did not predict when this law will be approved]

Khmer Machas Srok, Vol.4, #593, 30.1.2010

  • The Ministry of Interior Said It Decided to Dismiss the Police Official [a second lieutenant] Oung Dara Who Raped a Woman in a Karaoke Parlor [already in October 2009 in Phnom Penh, by now his whereabouts are not known]

Koh Santepheap, Vol.43, #6871-6872, 30-1.1-2.2010

  • A Siamese [Thai] Student Who Tried to Enter the Preah Vihear Temple at Noon [illegally] Was Held
  • Two Robbers Robbed a Gold Seller, Taking Away 500 Chi of Gold [approx. US$66,500] and Riel 4 Million [approx. US$930 – Phnom Penh]
  • Swiss Musicians Played Music to Entertain Prisoners [in Kampot; this event was organized by the Cambodian League for the Promotion and Defense of Human Rights, LICADHO]

Phnom Penh Post [Khmer Edition], Vol.1, #101, 1.2.2010

  • The Start of a Car Manufacturing Company’s Operations [a branch of the Korean Hyundai Motor Company] Was Postponed [to be established in Koh Kong by the end of this year, as the construction had been affected by bad weather]

Rasmei Kampuchea, Vol.18, #5113-5114, 30-1.1-2.2010

  • Eight Companies will Invest in Agro-Industry Crops on More Than 50,000 Hectares of Land
  • A Mother [who had high blood pressure] and Her Son [who had mental disorders] Jointly Committed Suicide [by hanging, as they could not find money to support their lives – Phnom Penh]
  • A Woman Was Arrested for Driving a Car and Killing a Motor-Taxi Driver by Causing an Accident, and Injuring Another Person Seriously [Phnom Penh]

Sereypheap Thmey, Vol.18, #1867, 1.2.2010

  • [The Sam Rainsy Party spokesperson and parliamentarian] Mr. Yim Sovann Encouraged [the Prime Minister] to Arrest Corrupt Senior Military Officials so that They Can Be Convicted

Have a look at the last editorial – you can access it directly from the main page of the Mirror.
And please recommend us also to your colleagues and friends.

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One Response to “Eight Companies Will Invest in Agro-Industry Crops on More than 50,000 Hectares of Land – Monday, 1.2.2010”

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Half of them from Vietnam alone? I would be worry.. watch out for more illegal land grabbing and right abuses. I’m a little less concern with other countries (Malaysia, Korean). However, I am happy to hear about this opportunity, especially if/when it will bring more jobs, and boost our agriculture profile. Let’s hope for the best!


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