Chinese resort developer in Cambodia hit with US sanctions

The U.S. Treasury on Tuesday imposed sanctions on China’s Union Development Group, the company behind the controversial Dara Sakor tourism development on Cambodia’s coast.

The Treasury’s stated reason was that UDG intimidated and evicted families from their homes on the company’s 45,000 hectare concession to make way for the development in the western province of Koh Kong.

However, multiple land disputes linked to the project have occurred over the past decade, starting in the years after the Cambodian government granted UDG its 99-year lease within a national park in 2008. The decision to penalize the company at this stage appears linked to growing tensions between the U.S and China.

In full: https://asia.nikkei.com/Politics/International-relations/US-China-tensions/Chinese-resort-developer-in-Cambodia-hit-with-US-sanctions

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