Recently, Cambodia prime minister have announced the discovery of various mining around the country that including oil, gold, metal and other minerals. Cambodia would generate around billion of dollar per year from mining oil alone. however its been a lot of debate whether Cambodia will be able to maximize the benefit from those mining?
Thailand is alway been naughty in term of trying to take over Cambodia’s property including land, culture heritage and natural resources, oil was one of their goal in the past. will Cambodia be able to extract oil without having any complexity with Thailand?
According to Khmer legends, Cambodia was divided into 3 parts, Upper land, lower land and middle land. the upper land was taken by Thai in the past and lower part was taken by Vietnam about hundred year ago, and the remaining piece of land is middle land which is known as Sovannapoum that can be translated to English ” The golden land”, and its happen that Cambodia discovered gold mining.
Cambodia is one of the blessed land with full of natural resources, but it’s also an unfortunate to Cambodia that Cambodian could not take care of those resources, timbers fishes and gems stone are disappearing. The mining age is just about to begin. the question is will mining help Cambodia build a good economy for Cambodian?
Base on previous article from RFA news was written in Khmer language, that Cambodia’s government started to giving mining license to Vietnamese company, and the term and condition that was given to those investors was unclear, its lead to a certain questions which you can guess by yourself, because i don’t want to discuss anything related to politic. and just hoping Cambodia’s government know how to allocate those natural resources widely.