The Phnom Penh Post
LARGE portions of the city’s Boeung Kak lakeside have been reclassified as state private property under the joint control of City Hall and the local company behind the controversial filling of the lake, according to a recent sub-decree.
The document, signed by Prime Minister Hun Sen on July 20, states that 126.85 hectares of the lake and its surroundings are to be “considered as a state private property for Shukaku Inc Company to develop based on the government’s purpose”.
“The area mentioned above is legally managed and controlled by related Ministries and Phnom Penh Municipal Hall with the cooperation of Shukaku Inc Co Ltd,” the sub-decree states. Unlike state public land, which includes lakes, rivers, roads and parks, state private land can be legally leased or sold to companies or individuals.
The document, signed by Prime Minister Hun Sen on July 20, states that 126.85 hectares of the lake and its surroundings are to be “considered as a state private property for Shukaku Inc Company to develop based on the government’s purpose”.
“The area mentioned above is legally managed and controlled by related Ministries and Phnom Penh Municipal Hall with the cooperation of Shukaku Inc Co Ltd,” the sub-decree states. Unlike state public land, which includes lakes, rivers, roads and parks, state private land can be legally leased or sold to companies or individuals.
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