Shukaku Inc. is a

private Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded ...

development Development or developing may refer to: Arts *Development (music), the process by which thematic material is reshaped * Photographic development *Filmmaking, development phase, including finance and budgeting * Development hell, when a proje ...

company based in

Phnom Penh Phnom Penh is the Capital city, capital and List of cities and towns in Cambodia, most populous city of Cambodia. It has been the national capital since 1865 and has grown to become the nation's primate city and its political, economic, industr ...

Cambodia Cambodia, officially the Kingdom of Cambodia, is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. It is bordered by Thailand to the northwest, Laos to the north, and Vietnam to the east, and has a coastline ...

. It is headed by Senator Lau Meng Khin from the

Cambodian People's Party The Cambodian People's Party (CPP; , UNGEGN: ) is a Cambodian political party which has ruled the country since 1979. Founded in 1951, it was originally known as the Kampuchean People's Revolutionary Party (KPRP). During the Cold War it allied ...

and chairman of the Cambodian Chamber of CommerceQuestions over legality of evictions in name of development
IRIN. Accessed 2011-03-16 who also directs the Pheapimex Group.Protest over giant land concession

The Phnom Penh Post ''The Phnom Penh Post'' (, ) is a daily English-language newspaper published in Phnom Penh, Cambodia. Founded in 1992 by publisher Michael Hayes and Kathleen O'Keefe, it is Cambodia's oldest English-language newspaper and prior to the transferr ...

. Accessed 2011-03-16Cambodia: Eucalyptus plantations and pulp production threatens forests and rivers

World Rainforest Movement The World Rainforest Movement (WRM) is an international initiative created to strengthen the global movement in defense of forests, in order to fight deforestation and forest degradation. It was founded in 1986 by activists from around the world. ...

. Accessed 2011-03-16 The company filled in the Boeung Kak lake in central Phnom Penh amid controversy and protests, and is now undertaking commercial development there.

Boeung Kak lake development

Despite a land law in 2001 passed by the

Royal Government of Cambodia The politics of Cambodia are defined within the framework of a constitutional monarchy, in which the king serves as the head of state, and the prime minister is the head of government. In practice, Cambodia is an authoritarian state, as power i ...

recognising

land titles Land registration is any of various systems by which matters concerning ownership, possession, or other rights in land are formally recorded (usually with a government agency or department) to provide evidence of title, facilitate transactions, ...

if proof of residence for five continuous years can be shown, residents of Boeung Kak were denied land titles. Later in the same month of February 2007, the

Municipality and Shukaku Inc. signed a $79 million 99 year lease agreement for over 133 hectares of prime real estate including Boeung Kak and the surrounding landCambodia's growing dispossessed

Al Jazeera Al Jazeera Media Network (AJMN; , ) is a private-media conglomerate headquartered in Wadi Al Sail, Doha, funded in part by the government of Qatar. The network's flagship channels include Al Jazeera Arabic and Al Jazeera English, which pro ...

. Accessed 2011-03-16. Boeung Kak
Bridges across Borders Cambodia. Accessed 2011-03-16 affecting around 4,225 families.Economic land concessions in Cambodia: A human rights perspective
Cambodia Office of the High Commissioner for Human Rights. Accessed 2011-03-16 David Pred, co-founder of Bridges Across Borders claims that "The lease is illegal because the lake is state public property and cannot be leased for more than 15 years or damaged or destroyed...by filling in the lake, it will be destroyed.” On 26 October 2008, Shukaku Inc began filling the lake with sand causing flooding and the collapse of some houses. Water and electricity was cut.South Korean Embassy Denies that the Shukaku Inc. Company Comes From Korea
The Mirror. Accessed 2011-03/16 In September 2010, over 1500 affected families were forced to accept compensation for their homes and land well below the market value. Yim Sokhom, an army commander claims that representatives of Shukaku Inc. offered a reimbursement of 4000 for his property though similar properties around Phnom Penh would sell for over 40,000 Many former residents of the lake villages now live in slums surrounding the lake. The overcrowded nature of these newly formed slums has led to serious health concerns. The campaign to prevent the development was featured in the 2017 documentary '' A Cambodian Spring''.

References

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External links

World Bank blunder

Cambodia's growing dispossessed

Questions over legality of evictions in the name of development.
IRIN
Country for Sale

Global Witness Global Witness is an international NGO that investigates environmental and human rights abuses. The organisation campaigns for greater representation of people affected by the climate crisis in climate decision-making. They have offices in Lon ...

Phnom Penh City Center wins in three categories at Cambodia property awards

Phnom Penh City Center: The Kingdom’s Pearl

Companies based in Phnom Penh

Boeung Kak lake development

See also

References

External links