Initial environmental and social impact assessment: Koh Pos project in Preah Sihanouk province

The Morokot project is invested by Koh Pos (Cambodia) Investment Group LTD which is the Russian company and receives the Koh Pos lease concession for 99 years from 25 September 2006. This project is the built operate and transfer type (BOT) and costs 440 million USD.

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Additional Info

Field Value
Geographic area (spatial range)
  • Cambodia
Topics
  • Environmental impact assessments
  • Public land lease
Document type Environmental Impact Assessment
Contracting Parties
  • Koh Pos Cambodia Investment group
Government Entity (multiple)
  • Minister of Environment
Disclosure Mode Released by local non-governmental organizations (LNGOs)
Copyright Yes
Access and use constraints

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Version / Edition 1
Language of document
  • Khmer
Province(s)
  • Preah Sihanouk
Metadata Reference Information

Metadata last updated on 2018-08-03. For inquiries contact: Open Development Cambodia, Email: contact@opendevcam.net, Website: http://www.opendevcam.net Address: 43 St. 208, Phnom Penh, Cambodia.

Contact

Key Consultants (Cambodia) Room no. 684, 6th floor, Building F, Phnom Penh center, Preah Sihanouk Blvd, Khan Chamkarmon, Phnom Penh

Notes

According to the financial analysis, the development project proposes an estimated budget of 591 millions USD, while its estimated cost is 440 millions USD. The company will pay USD 80 000 per year and it will increase to USD 10 000 for every 5 years until the end of contract. The company will spend on the Koh Pos beach for the lease of USD 1,400 for the second and third year, and from the fourth year of the business phase, the company will pay USD 5,500 per year and will increase by 10% every 10 years. For the bridge, it is leased for 99 years and accounted for USD 850 000.

Contract term 99
Contract term unit Years
Job creation summary

The project is divided into two phases: the recruitment of 995 people during the construction and 1476 people during the operation period. The company has created jobs to the local people in Preah Sihanouk for 990 people during the construction and 1470 people during the operation.

Environmental protection obligation

The company has the Environmental Management Plan (EMP) that is the measurement to minimize the impact, monitor and evaluate the plan before the construction, during the construction, and during the operation.

Legacy reference document EIA__Koh_Pos__00.07.2011.pdf
Keywords land lease,Koh Pos
Open Contracting Identifier ocds-miumsd-dea398c4-4242-480e-ad76-93820a1497d9
Date Uploaded December 30, 2018, 03:57 (UTC)
Date Modified December 30, 2018, 08:33 (UTC)