Royal Railway’s 30-Year Concession to Be Cut Short
Prime Minister Hun Sen has rescinded business tycoon Kith Meng’s 30-year concession to exclusively operate Cambodia’s railways.
Pich Chamrong Apr 1, 4:49 pm
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Prime Minister Hun Sen has rescinded business tycoon Kith Meng’s 30-year concession to exclusively operate Cambodia’s railways.
Top business representatives including Kith Meng and Bretton Sciaroni raised corruption, electricity prices and the potential loss of European markets for export as the most pressing concerns for Cambodian businesses during the high-level Government-Private Sector Forum with Prime Minister Hun Sen on Friday.
A day after police arrested the owner of the Rock Entertainment Center, Kith Theang, over a recent 50 kilogram drug bust, Interior Minister Sar Kheng on Monday ordered the nation’s police forces to improve their efficiency in stamping out the trade and use of drugs.
About 30 armed guards descended on a leafy Chip Mong-owned gated complex on Monday evening after residents — including Acleda Bank CEO In Channy — protested a plan to fill in a water feature, with some homeowners hanging protest banners on their mansions.
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