Chinese Companies Are Devastating Cambodian Natural Resources

The monitoring panels for the situation of Cambodia and its economics had marked that Cambodia received a lot of donation and loans from China so the government has to decide to authorize a license to Chinese companies for a huge land concession investing. However, the Chinese companies did not bring any development or progression to Cambodian people at all. Obviously, the companies which got concession authorization for growing sugar cane and rubber are logging to exploit illegally and had bulldozed the community natural forest aggressively.

The non-governmental organizations also said that the Chinese economic concessionaire companies located in some provinces across Cambodia have been devastating the Cambodian natural luxury wood and natural resources which the government did not care of this. Unequivocally, woods in Cambodia are plunged into disaster and being endangered quickly if without any effective government’s intervention or conservation. For example Siv Guek Investment Co Ltd. of China illegally administers huge deforestation. This company located in the radius of hydro-power region in northern Cambodia.

Chinese companies had harshly grab land from local residents by destruction and set fire to houses of theirs. This meant that granting the land concession privilege from the government is a source of tragedy. Then there always community resident’s protest taking place to against those companies for their land grabbing.

Actually, the concessional land should not be granted to Chinese companies nearby the forest areas because there may have wood logging and devastating the Cambodian natural resources. Logging the timbers is illegal under the Cambodian law.

Yet villagers and local residents had been motivated by companies to logging the woods to sell for them including Vietnamese companies as well. Vietnamese continue to transport Cambodian luxury timbers to Vietnam almost every day. Research study said that Cambodian woods still exist less than 20 percent.

Is this the development whenever there is a vast deforestation to export for selling in other country then instead there has growing rubber tree and Acacia and natural destruction?

For instance, the controversial hydro-power projects at the Koh Kong’s province mountain range Areng are underway by Chinese mega-company which would mine the precious stones to acquire these greedy projects toward devastating Cambodian natural resources. Areng is a valley which is plenty of most natural resources includes wildlife but Sinohydro Resource Ltd, Chinese company which is a company has been operating mining in the geographic area of Cambodia.

Read more about Natural Resources Of The Poor Country And Its Management

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