Sixty-five families living on Phnom Penh’s Chroy Changva peninsula say their lives are in limbo with tycoon Pung Khieu Se’s Overseas Cambodia Investment Corporation (OCIC) trying to seize their land to build a $3-billion satellite city.
The remaining families are holdouts who refused a November 2014 offer from the authorities whereby they could keep 10 percent of their landholdings if they let OCIC take 40 percent and let Phnom Penh City Hall take the other half.
Such an offer is unfair to families who settled on the once-undesirable land as far back as shortly after the Khmer Rouge’s 1979 fall, said 62-year-old Chea Sophat, a community representative who had 4,000-square-meters seized in 2010.
In full: https://cambojanews.com/yet-again-phnom-penh-residents-say-ocic-is-snatching-their-land/
