In the News: Japan Times Writes About Boeung Kak, Corruption

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Article: “Overseas Aid Benefits Whom?”

From the Article:  “Boeung Kak was long ignored by Phnom Penh’s powerful elite — until recently, when they found a way to profit. In February 2007, the city entered into a 99-year lease agreement with Shukaku, Inc., a private domestic firm with close links to local politicians and Chinese developers. For a mere $79 million, Shukaku now controls 133 hectares, including Boeung Kak and surrounding land.”

“This contract, which threatens to displace at least 4,252 families, was negotiated in a shroud of secrecy without even the pretense of participation from the tens of thousands of people who will be directly affected,” says David Pred, Cambodia Country Director of Bridges Across Borders (BAB), a member of the Cambodian Housing Rights Task Force. “If these families are forcibly removed from their homes, this would mark the largest single displacement of people in Cambodia since the privatization of land in 1989.”

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