Government exchanges 30 hectares of Beoung Ta Mok with other three land areas

The government has decided to grant ownership of 30 hectares of Beoung Ta Mok to Mrs Kim Heang in exchange with three other land areas, according to a letter from the Council of Ministers to the Minister of Economy and Finance, the Minister of Land Management, Urbanisation and Construction, the Minister of Water

Resources and Meteorology and the Governor of Phnom Penh dated 27 April 2020.

The letter confirms the land swop of 30 hectares of Beoung Ta Mok located in Kork Roka commune, Prek Pnov district, Phnom Penh to Mrs Kim Heang in exchange for 3 hectares located to the east of the Win-Win Memorial, 2 hectares in the satellite garden city in Prek Pnov district and a 4.8-hectare former garbage field in

Stung Meanchey. The decision details that the swop must:

1) Address remaining issues with the holders of the 30 hectares of lake land who have occupying documents at a price of US$5 per square metre;

2) Permit tax duty-free and additional exemption from inter-ministerial services in transferring all of the above ownerships.

Tamok Lake or Kob Srov Lake has a total area of 3239.7 hectares. The lake was defined by a government sub-decree dated 3 February 3, 2016, as state public property. The public lake covers the entire lake and surrounding lands.

In 2018, the Royal Government approved 20 hectares of the lake to build a fruit and vegetable market and to move the vegetable market from Phsar Deum Kor to Psar Beoung Tamok Thmey market in response to a request from the Council of Minister’s letter dated on 2 August 2018.

A further 83 hectares of the water area of Beoung Ta Mok in the northwest of the capital was granted to Phnom Penh Municipality on 5 March 2020 to be developed as a national garden and public park, including plans to develop other infrastructure such as the buildings of the Central Department of Security of the National Police at the Ministry of Interior. (Read more)

- Video Advertisement -

Related Post

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]

Significant Economic Growth in Cambodia as of Early 2025

In a promising development for Cambodia’s economy, the country witnessed an impressive increase in enterprises during the first quarter of 2025. The total number of registered businesses and establishments reached 45,255, adding 457 new enterprises compared to the previous quarter. This growth is further accompanied by a significant boost in employment, with the workforce now […]

Japan to Develop 50MW Biomass Power Plant in Kampong Speu

Erex Co., Ltd., a prominent Japanese investment firm, has announced plans to construct a 50MW biomass power plant in Kampong Speu province, with construction set to begin in June 2025. The ambitious project aims to bolster the region’s energy supply and provide more affordable electricity for Kampong Speu and neighboring areas. This significant announcement came […]

Groundbreaking for Cambodia’s First Electric Vehicle Assembly Plant in Sihanoukville

BYD Cambodia Co., Ltd., a subsidiary of the renowned BYD Auto Industry, has officially commenced construction of its first electric vehicle (EV) assembly plant in Cambodia. The new facility is strategically located within the Sihanoukville Special Economic Zone. His Excellency Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development […]

DEEM ALMASEAH Sets Sights on Expanding Investments in Cambodia’s Infrastructure

In a significant development for Cambodia’s economic landscape, DEEM ALMASEAH FOR TRADING Co., Ltd has expressed its intent to invest in the country’s burgeoning infrastructure and telecommunications sectors. This commitment was unveiled during a meeting between Prime Minister Hun Sen and Mr. Salem Mubarak Salem Al-Hadhyan, the company’s CEO, on April 25, 2025. Mr. Al-Hadhyan […]