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 recorde ...

development company based in

Phnom Penh Phnom Penh (; km, ភ្នំពេញ, ) is the capital and most populous city of Cambodia. It has been the national capital since the French protectorate of Cambodia and has grown to become the nation's primate city and its economic, indus ...

, Cambodia. It is headed by Senator

Lau Meng Khin Oknha Lau Ming Kan (born 1 January 1944, ; ; also spelt Lau Meng Khin or Lao Meng Khin) is a Cambodian senator and businessman. He owns Pheapimex, a major conglomerate with his wife Choeung Sopheap. The majority of his fortune comes from loggi ...

from the Cambodian People's Party 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'' ( km, ភ្នំពេញប៉ុស្តិ៍, ) 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 En ...

. 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 Boeung Kak ( km, បឹងកក់) is an area in Khan Daun Penh and Khan Toul Kork centrally located in the capital city of Cambodia, Phnom Penh. Until around 2010, it was covered by the largest urban lake in Phnom Penh. Residential areas ...

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 recognising land titles 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 ( ar, الجزيرة, translit-std=DIN, translit=al-jazīrah, , "The Island") is a state-owned Arabic-language international radio and TV broadcaster of Qatar. It is based in Doha and operated by the media conglomerate Al Jazeera ...

. 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 established in 1993 that works to break the links between natural resource exploitation, conflict, poverty, corruption, and human rights abuses worldwide. The organisation has offices in London and Washingt ...

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