http://www.therichest.org/nation/the-richest-person-in-cambodia-2011/

It is not ranked by their fortune

1. Kith Meng (Royal Group)
2. Kith Thieng (Royal Group)
3. Mong Reththy (Mong Reththy Group)
4. Sok Kong (SOKIMEX Co., Ltd)
5. Men Sarun (Men Sarun Investment Group)
6. Suy Sophan (Phanimex Development)
7. Lav Meng Khin (Phanimex Development)
8. Khaou Phallaboth (Khaou Chully MKK Co)
9. Khaou Chully (Khaou Chully MKK Co)
10. Sy Kong Triv (KT Pacific Group)
11. Ing Bun Hoaw
12. Ly Yoong Phat (L.Y.P Group)
13. Sorn Sokna (SOKIMEX Co., Ltd)
14. Phou Puy (President of Chamber of Commerce in Battambang)
15. Sang Than
16. Nang Sothy (Royal Phosphate Limited)
17. So Nguon (So Nguon Transportation & Service Import Export Co., Ltd)
18. Ly Say Khieng (SKL Group Holding)
19. Sam Ang (Vattanac Bank)
20. Doung Chhiv (Doung Chiv Import and Export)
21. Kok An (ANCO Brother Co., Ltd)
22. Te Tain Por, (LTP Lien Phong International Investment Co., Ltd.)
23. Keo Maly (Takoe Chamber of Commerce)

Kith Meng (Royal Group)

- Chairman of the Royal Group of Companies

http://www.cambodia.org/blogs/editorials/uploaded_images/f9ca96be-6ac9-11dd-b613-0000779fd18c-748082.jpg

A dual Cambodian-Australian citizen with a BA from Australian National University, Kith Meng was born on September 1, 1968. He is described as a relatively young and ruthless gangster by Mekong Bank Chairman Michael Stephen (PROTECT). Another well-connected business man in the Cambodian community claims that Kith Meng is notorious for using his bodyguards to coerce others into brokering deals. As the chairman and CEO of Royal Group of Companies (RGC), his resume runs the gamut of many different businesses. He is concurrently the chairman of mobile phone company Cam GSM Co., Cambodia Television Network (CTN), Cambo Six European soccer betting Co., and CamLot Lottery Co. He has also become an exclusive distributor of Canon products. Kith Meng owns the Northbridge International School and the Cambodiana Hotel. One of the most widely recognized achievements of the Royal Group is its new joint venture with Australian-based ANZ bank, in which both companies established ANZ Royal Bank in 2005. The Royal Group owns 45% of the new bank. Kith Meng also recently launched a new Cambodian insurance company, Infinity General Insurance, through a joint venture with Kuala Lumpur-based Infinity Financial Solutions.

Recently, Kith Meng was elected President of the Cambodian Chamber of Commerce. He also serves as an advisor to Prime Minister Hun Sen and serves on the board of the Cambodian Red Cross, whose President is Hun Sen’s wife, Bun Rany. Politically, Kith Meng has good relations with the Cambodian People’s Party, FUNCINPEC, and the Sam Rainsy Party. He claims credit for negotiating the three-way deal among the parties to engineer Sam Rainsy’s return to Cambodia in early 2006. Several sources believe that the CPP has tried to strengthen its relationship with Kith Meng because it wants CTN’s ability to broadcast to a large number of Cambodians living abroad. Kith Meng speaks, reads, and writes both Khmer and English.

Kith Thieng (Royal Group)

- Vice Chairman of the Royal Group of Companies

http://1.bp.blogspot.com/_v1qE3Ofp5V0/S3tIDFiDTNI/AAAAAAAAHGs/4JV-5RpUZA0/s1600/Kith+Thieng.jpg

Mong Reththy (Mong Reththy Group)

- President of Mong Reththy Group

http://3.bp.blogspot.com/_8b4R5sEznho/TS3D4JML_3I/AAAAAAAAPt0/4Pvo7blxUsE/s400/mong%2Breththy-ppost.gif

With only four years of schooling at a temple in Phnom Penh, Mong Reththy has emerged as one of the most influential businessmen in Cambodia and is often referred to as “ Hun Sen’s Money Man.” Born in Takeo Province on July 11, 1959, he founded Mong Reththy Group Co., Ltd, which initially exported rubber to Singapore, Malaysia, China, and other Asian countries. His company has now expanded and made a fortune in palm oil and cattle. Mong Reththy has also launched other companies such as Samnang Khmeng Wat (Luck of Pagoda Boy) Construction Co., Ltd, which received an exclusive contract to construct buildings for all of Prime Minister Hun Sen’s charity projects. He has contributed greatly to Cambodia’s infrastructure by building schools, pagodas, hospitals, roads, and bridges. His business portfolio also includes the Green Sea Agricultural Co. economic land concession in Stung Treng province, which is ten times the size permitted by Cambodia’s Land Law of 2001.

Mong Reththy is likely the closest business tycoon and ally to Prime Minister Hun Sen, given that they take trips together to China and they both lived in the same temple in Phnom Penh, Neakavoan, while attending secondary school. Also, Hun Sen publicly shielded Mong Reththy by deflecting accusations made by a former Secretary of State, the late Ho Sok, when Mong Reththy was implicated in a seven-ton marijuana drug bust in April 1997. Mong Reththy owns a private port, Oknha Mong Port (aka Keo Phos Port) near Sihanoukville, which he uses to export his agricultural products. Comment: The recently departed Canadian Ambassador (PROTECT) visited Okhna Mong Port and was disturbed by the extreme deference customs and police officials stationed there paid to Mong Reththy, leading her to question how robustly government port security and customs measures are enforced. End Comment. Recently, Mong Reththy entered into a USD 50 million joint venture with Thai billionaire Charoen Sirivadhanabhakdi to build the first Cambodian sugar refinery by December 2008, in which Mong Reththy will have a 51% stake. The refinery will process sugar palm from Mong Reththy’s large estate on the road to Sihanoukville. He is a Vice President of the Cambodian Chamber of Commerce, a board member of the Cambodian Red Cross and serves as a CPP senator as well as advisor to Hun Sen. He speaks Khmer and limited English.

Sok Kong (Sokimex Co., Ltd)

http://khmer-world.com/webs/sok.ht9.jpg

Despite having only a third-grade education, Sok Kong managed to transform USD 50 into USD 50 million in capital. After fleeing Phnom Penh to Vietnam in 1975 when the Khmer Rouge seized the city, Sok Kong returned after the collapse of the Khmer Rouge regime and began a business distributing and supplying Vietnamese-manufactured rubber products such as bicycle tires. He soon created his own rubber mill and secured a contract with the government to produce rubber shoes made from tires. He also supplied the government with military uniforms, food, and medicine for military personnel.

His company, SOKIMEX, is the largest petroleum supplier in the country and sells to both the government and the private sector. Although its primary product is petroleum from Vietnam, it has also expanded to provide transport, power, agro-industry, rubber plantations, and tourism services. One of SOKIMEX’s biggest successes was acquiring the ticketing rights to Angkor Wat in 1999. There is much controversy surrounding the revenue from Angkor Wat as reports suggest that SOKIMEX is grossly underreporting the amount of money it makes from ticket sales. In addition, Angkor Wat conservation advocates say that insufficient revenue from these sales is dedicated to temple preservation. Sok Kong has also allegedly gained a bad reputation for not paying taxes on oil, but has recently made efforts to increase tax payments. He is still very close to Hun Sen and the government hierarchy. He speaks Khmer, Vietnamese and some French.

Men Sarun (Men Sarun Investment Group)

- Chairman of Men Sarun Investment Group

http://t3.gstatic.com/images?q=tbn:ANd9GcR7hjfS43uxwoXr9BUsz1uLBprv67csMK9oZMtbqM0zUEvAACYyHKNj_wcs_g

Suy Sophan (Phanimex Development Company)

http://www.cam111.com/uploadfile/newsphoto/2011/0713/1639805552.jpg

Phu, who is of Chinese origin, uses her contacts in China to attract foreign investment from Chinese companies such as Wuzhishan LS and Jiangsu Taihu International. Her husband, Lao Meng Khin, is a Vice President of the Cambodian Chamber of Commerce, and he serves as a CPP senator and advisor to Hun Sen. Together, they have a joint venture with Sy Kong Triv through Wuzhishan LS for a pine tree plantation in Mondulkiri Province. This dynamic duo has a rather strong relationship to Hun Sen and his wife, Bun Rany. Lao Meng Khin has accompanied the Prime Minister on more than one trip to China, while Yeay Phu, who is a board member of the Cambodian Red Cross, is reportedly a close friend and business associate of Bun Rany. Yeay Phu is also a business associate of Tep Bopha Prasidh, the wife of the Minister of Commerce; and Ngyn Sun Sopheap, the wife of the Director of the National Department of Customs and Excise. The Pheapimex couple’s son is married to the daughter of Lim Chhiv Ho, the Managing Director of Attwood Import Export Co., Ltd. In addition to Khmer, Lao Meng Khin speaks Mandarin Chinese and Yeay Phu speaks several Chinese dialects.

Lao Meng Khin (Phanimex Development Company)

- Chairman of PHEA PIMEX Group

http://4.bp.blogspot.com/_76xUgRgjZYM/TNiTkuNIyRI/AAAAAAAARjI/c-aAJn-pSFc/s400/Lao+Meng+Khin.jpg

One of the most politically and economically connected couples in the country (after Prime Minister Hun Sen and his wife and Commerce Minister Cham Prasidh and his wife), Lao Meng Khin and Yeay Phu (aka Choeung Sopheap) were born on January 1, 1944 in Sihanoukville and May 11, 1949 in Kampot Province, respectively. They are the co-owners of Pheapimex Fu Chan Co. Ltd, a controversial logging company that has expanded to cover salt iodization, iron ore extraction, bamboo cultivation, pharmaceutical imports and hotel construction. According to a number of NGOs that monitor environmental issues, Pheapimex is the company that has acquired the largest total land area through the logging business. Recently, the company has shifted from logging concessions to economic land concessions (ELCs), by which it now has access to at least 315,028 hectares of land for agribusiness.

Khaou Pallaboth (Khaou Chully MKK Co. Ltd)

http://3.bp.blogspot.com/_hqgVFA7RYE4/ShrGLOhuPQI/AAAAAAAABZY/psgXZN0UuZw/s1600/Phallaboth-KHAOU.png

Sy Kong Triv (KT Pacific Group)

- CEO, Chairman of KT Pacific Group Co., Ltd

http://www.camnews.org/wp-content/uploads/2011/07/Sy-Kong-Triv-Tycoon-10-PPP.jpg

Born into a well-to-do ethnic Chinese family in Kampot on August 8, 1947, Sy Kong Triv is the chairman of KT Pacific Group, a manufacturing and distribution company that provides one of the largest varieties of services in the country. He personally owns many local businesses including KTE Mitsubishi electronics and the Mondial Center, the largest business and wedding reception center in Phnom Penh. He also has joint ventures in a number of diverse businesses including British American Tobacco (BAT), Eastern Steel Industry Corporation and SCA Airport, through which he owns a large portion of the Phnom Penh International Airport. He is also the co-director along with Lao Meng Khin (co-owner of Pheapimex) of a Chinese tree plantation company called Wuzhishan LS, which has been accused of environmental degradation in sacred ancestral areas, negatively affecting the health of the local indigenous population, according to the Cambodian Human Rights Action Committee (CHRAC) (PROTECT).

Like other major tycoons, Sy Kong Triv is one of the CPP’s main financiers. He is also a Vice President of the Cambodian Chamber of Commerce and an advisor to the Association of Khmer-Chinese of the Kingdom of Cambodia. He speaks Khmer, Vietnamese, three Chinese dialects, and limited English.

Ly Yong Phat (L. Y. P Group)

- CEO & President of Hero King Co., LTD

http://www.camnews.org/wp-content/uploads/2011/07/Ly-Yong-Phat-Tycoon-02-PPP.jpg

A prominent Cambodian-Thai dual citizen, Ly Yong Phat was born in Koh Kong on January 7, 1958 under the name of Phat Suphapha. He is nicknamed “ The King of Koh Kong,” for his prominence in his home province, which is located in southwestern Cambodia bordering Thailand. Although he never went beyond high school, Ly Yong Phat amassed a large fortune from importing and exporting cigarettes, generating electricity, and running casinos and resorts. He has good relations with businessmen and government officials on both sides of the Cambodian-Thai border, including particularly close ties to Cambodian officials of Thai heritage such as Defense Minister Tea Banh, Navy Commander Tea Vinh, and Koh Kong Governor Yuth Phouthang. Sihanoukville Governor Say Hak is his cousin.

As he currently serves as a CPP Senator and advisor to Prime Minister Hun Sen, Ly Yong Phat boasts to visitors that he was personally appointed to develop his home province, Koh Kong. He also sits on the board of the Cambodian Red Cross, headed by Hun Sen’s wife. He is the CEO and Chairman of the cigarette distributor Hero King Co. Ltd, an administrator and majority shareholder of Koh Kong Sugar Industry Co., Ltd, and the Koh Kong Plantation Co., Ltd. He speaks Khmer, Thai, and Chinese dialects.

Sorn Sokna (SOKIMEX Co., Ltd)

- Chairman of Sonatra Securities PLC.
- Chairman of Financial Institute of Cambodia

http://www.winne.com/asia/cambodia/2004/images/cr13_oknha%20Sok%20Sokna.jpg

Phou Puy (President of Battambang Chamber of Commerce)

http://www.iprmfi.com/BOARDIMG/PUY.gif

So Nguon (So Nguon Transportation & Services Import Export Co., Ltd)

http://www.songuongroup.com/images/sn2.jpg

Ly Say Khieng (SKL Group Holding)

http://sklgroup.com/Images/CEO-half_small.jpg

Sam Ang (Vattanac Bank)

http://www.cambodiafilms.com/vat%20web%203.jpg

Kok An (ANCO Brother Co., Ltd)

- Managing Director of ANCO Brothers

http://www.camnews.org/wp-content/uploads/2011/07/Kok-An-Tycoon-04-PPP.jpg

Born in Koh Kong Province as Phu Kok An on July 7, 1954, With a high school education, he started a lucrative business in the 1980s, trading goods between Thailand and Vietnam. In the 1990s, he became involved with the fishing business and the cigarette industry. He also broadened his business interests when he started operating Crown Resorts Casino in PoiPet and soon after built a power plant. Kok An is Managing Director of ANCO Brothers Company, Ltd, a Cambodian company that distributes tobacco for Singapura United Tobacco Ltd. (SUTL). Since 1993, he has distributed the 555 brand of cigarettes for British American Tobacco (BAT) in Cambodia.

Kok An has strong ties to the ruling CPP and was reportedly one of the people who helped pay the USD 50 million in compensation to Thailand for damage to the Thai Embassy during the anti-Thai riots in early 2003, according to Director General of the Cambodian Chamber of Commerce Meng Tech (PROTECT). He currently serves as CPP senator and advisor to Prime Minister Hun Sen. He also is a member of the Cambodian Chamber of Commerce and on the board of the Cambodian Red Cross, run by Hun Sen’s wife. Kok An speaks Khmer, Thai, Chinese, and some Vietnamese.

Teo Maly (Takeo Chamber of Commerce)

http://t3.gstatic.com/images?q=tbn:ANd9GcQayyhcyB3l4WmDQBumhziIoqewd7aIzewpkO-lWKqw8U9oQ2J7lldCeCdiow

How about Kim Chhiv Ho? The owner of Hennessy family products and chairman of PPSEZ?

wich one of them are already billionaires ?
or are they no billionairs in cambodia ?

How about Kim Chhiv Ho? The owner of Hennessy family products and chairman of PPSEZ?

It is a rough estimate, I am sure many more people can make it on the list

wich one of them are already billionaires ?
or are they no billionairs in cambodia ?

None of them, but no one knows how much asset does these people own exactly.

The number of millionaire in Cambodia, I guess, is no less than a thousand

The amount of rich people in Cambodia are growing continuously and they are the main driver of the economy by providing job opportunities for the poor

i'm pretty sure lao meng khin is a billionaire already! him and his wife are filthy rich

i'm pretty sure lao meng khin is a billionaire already! him and his wife are filthy rich

Can you list down his business?

^^ He is a real estate developer. owner of the controversial Boeung Kok lake development.

he used to own a prime piece of land (not sure if he still owns it) at Norodom Boulevard, and was intended to construct a high-rise tower name ''Lao Meng Khin Tower''

Can you list down his business?

^^ There 's 4 that i know and they big companies and am pretty sure he owns more! most of them don't want to reveal what company they own!

1.Shukaku company
2. Wuzhishan company
3. Cambodian development company
4. Pheamix company

Men Sarun (Men Sarun Investment Group)

- Chairman of Men Sarun Investment Group

http://t3.gstatic.com/images?q=tbn:ANd9GcR7hjfS43uxwoXr9BUsz1uLBprv67csMK9oZMtbqM0zUEvAACYyHKNj_wcs_g

He already passed away.

He told me about his childhood, it was interesting and a lot of thing to learn from.

^^ Yes

Tycoon Men Sarun Dies

Wednesday, 21 December 2011
Sources: Cambodia Herald and DAP News

PHNOM PENH,- Men Sarun (pictured), one of Cambodian richest tycoons and a senator from the Cambodian People's Party, died at 65 yesterday, said Um Sarith, secretary general of senate.

He added that Men Sarun died from high blood pressure and chronic diabetes.

His body was kept in his house near the senate building till December 25, 2011 waiting to be brought to a pagoda in Prek Phnov.

"We regret for his death," Um Sarith said.

Men Sarun, president of the Men Sarun Group which owned many companies, including Men Sarun Import Export & Construction Co., Ltd., the largest flour and rice mill in Cambodia, the maker of Cambodia's first instant noodle called Mee Yeung, is one of Cambodia's richest and influential tycoons.

http://4.bp.blogspot.com/_8up7h6T0Kzc/TCmSICYYq3I/AAAAAAAARrU/phTLg5TF268/s1600/Lao+Meng+Khin.jpg

nobody is richer than lao meng khin! he and his wife owns a lot of companies! i heard lao owns a oil company off the coast of sihanoukeville which is being joint by china biggest oil comapany right now!

http://4.bp.blogspot.com/_8up7h6T0Kzc/TCmSICYYq3I/AAAAAAAARrU/phTLg5TF268/s1600/Lao+Meng+Khin.jpg

nobody is richer than lao meng khin! he and his wife owns a lot of companies! i heard lao owns a oil company off the coast of sihanoukeville which is being joint by china biggest oil comapany right now!

that guy is khmer chinese or ?

that guy is khmer chinese or ?

^^100% chinese (teochew)! his wife also 100% chinese (teochew)

Suy Sophan (Phanimex Development Company)

http://www.cam111.com/uploadfile/newsphoto/2010/0828/4874547343.jpg

Phu, who is of Chinese origin, uses her contacts in China to attract foreign investment from Chinese companies such as Wuzhishan LS and Jiangsu Taihu International. Her husband, Lao Meng Khin, is a Vice President of the Cambodian Chamber of Commerce, and he serves as a CPP senator and advisor to Hun Sen. Together, they have a joint venture with Sy Kong Triv through Wuzhishan LS for a pine tree plantation in Mondulkiri Province. This dynamic duo has a rather strong relationship to Hun Sen and his wife, Bun Rany. Lao Meng Khin has accompanied the Prime Minister on more than one trip to China, while Yeay Phu, who is a board member of the Cambodian Red Cross, is reportedly a close friend and business associate of Bun Rany. Yeay Phu is also a business associate of Tep Bopha Prasidh, the wife of the Minister of Commerce; and Ngyn Sun Sopheap, the wife of the Director of the National Department of Customs and Excise. The Pheapimex couple’s son is married to the daughter of Lim Chhiv Ho, the Managing Director of Attwood Import Export Co., Ltd. In addition to Khmer, Lao Meng Khin speaks Mandarin Chinese and Yeay Phu speaks several Chinese dialects.

^^ seemacau! you got the wrong lady lolz! this is her picture! she is lao meng khin wife! she owns pheapimex company:)

http://www.cam111.com/uploadfile/newsphoto/2011/0713/1639805552.jpg

^^ I got the photo from this website

http://www.cam111.com/photonews/2010/08/28/44217.html

^^ I got the photo from this website

http://www.cam111.com/photonews/2010/08/28/44217.html

^^ oh then they made a mistake. yeay phu is the one i showed you! the lady you post is somebody else

i'm surprised teng bunma ain't on the list! he is one of the wealthest guy in cambodia and probably a billionaire! he is the developer of pearl city in shihanoukeville known as thai boon rong group!

Teng Bunma (born 19?? in Suphan Buri, Thailand) is one of the wealthiest businessmen in Cambodia,a country whose wealth is concentrated in the hands of a small group of closely connected politicians, military officials and businessmen. He is of Chinese-Khmer descent.
Teng Bunma was one of first Thai-Cambodian businesspeople to invest significantly in Cambodia after the fall of the Khmer Rouge in 1979. First president of Cambodia's Chamber of Commerce, he also owned the luxury Intercontinental hotel in Phnom Penh and Rasmei Kampuchea, the country's most influential newspaper. His son is a partner with Khmer Rouge functionary Ieng Sary in running the Caesar international casino in Pailin, a mining town in western Cambodia.
Thailand issued a arrest warrant against Teng Bunma in June 1998 because of fraud. Police determinations took place also in Hong Kong: there Bunma had submitted a falsified passport for the registration of its enterprise "to Thai Boon Roong". For years Bunma has been denied entry into the USA, because he appears on that countries list of suspected drug dealers. A 1996 article ("Medellin on the Mekong") in the Hong Kong-based Far Eastern Economic Review, by United States journalist Nate Thayer, described Teng Bunma as a significant figure in Cambodia's international drug-smuggling trade.[5]
Teng Bunma has been described as "trigger-happy tycoon" following incidents where he used or brandished hand guns. In the first incident he shot out a $3000 tire of an airplane on the tarmac after perceiving rudenes from airline staff. "I lost my temper and control and had to shoot one of the plane's tires. I wanted to shoot more of them, to make sure that all were flat, but there were a lot of passengers surrounding the plane." (The Cambodia Daily, April 9). In the second incident he brandished a gun inside an airplane and demanded the crew delay takeoff until his late friends arrived

^^ oh then they made a mistake. yeay phu is the one i showed you! the lady you post is somebody else

Ok then, thanks for remaining, I'll change it

i know one of these guys guess who, his a long long relative of mine

How about SOK Kong? I believe that he owns at least three main spots:
- hotels ( shihanouk, Siem reap, phnom penh)
- sokimex
- developer at Bokor resort,

^^ his definitely on the list

fighting everyone! (spam :D)

How about SOK Kong? I believe that he owns at least three main spots:
- hotels ( shihanouk, Siem reap, phnom penh)
- sokimex
- developer at Bokor resort,

Sok Kong is on the list, No 4

Despite having only a third-grade education, Sok Kong managed to transform USD 50 into USD 50 million in capital. After fleeing Phnom Penh to Vietnam in 1975 when the Khmer Rouge seized the city, Sok Kong returned after the collapse of the Khmer Rouge regime and began a business distributing and supplying Vietnamese-manufactured rubber products such as bicycle tires. He soon created his own rubber mill and secured a contract with the government to produce rubber shoes made from tires. He also supplied the government with military uniforms, food, and medicine for military personnel.

His company, SOKIMEX, is the largest petroleum supplier in the country and sells to both the government and the private sector. Although its primary product is petroleum from Vietnam, it has also expanded to provide transport, power, agro-industry, rubber plantations, and tourism services. One of SOKIMEX’s biggest successes was acquiring the ticketing rights to Angkor Wat in 1999. There is much controversy surrounding the revenue from Angkor Wat as reports suggest that SOKIMEX is grossly underreporting the amount of money it makes from ticket sales. In addition, Angkor Wat conservation advocates say that insufficient revenue from these sales is dedicated to temple preservation. Sok Kong has also allegedly gained a bad reputation for not paying taxes on oil, but has recently made efforts to increase tax payments. He is still very close to Hun Sen and the government hierarchy. He speaks Khmer, Vietnamese and some French.

i have a feeling hun sen is the richest person in this country do you think so?

:) ♥

i have a feeling hun sen is the richest person in this country do you think so?

^^

Your guess is probably 100% correct. There are so many diversified businesses, purposely tailored to make it less transparent. We can only imagine and wonder. No one really knows unless you are part of the ruling families.

I guess it is very inappropriate to say Hun Sen is the richest person without any evidences, very heretical and offensive to him and his supporters when he has done so much for this country :)

i have a feeling hun sen is the richest person in this country do you think so?

Give proof, please.

^^ "i have a feeling" thats it

^^We sure he is the most powerful man in Cambodia, but not 100% sure if he the richest, there plenty of rich ppl in cambodia, even though we known as Poor Country. Too many Range Rover and Lexus on the street and they cost more than in rich country lol...

It's only a speculation. SeeMacau has touched on a good note. Overall, Prime Minister Hun Sen has done more good than harm to the country. It's hard to be a "perfect" ruler. It's almost impossible to be one. It's unfair to label him as the richest person wihout any solid proof. Therefore, it's best we leave prime minister out of this discussion.

^^ wouldnt he prefer to be the richest anyways?

^^ wouldnt he prefer to be the richest anyways?

^^

No doubt, most people would consider it as an honor to be called 'richest person'. However, the main sticking point that we must ask ourselves is "what is the source of that wealth"? Most millionaires and billionaires in the world have a verifiable source of income. When the source of income is questionable it makes a person feels uneasy about the honorable title.

Government officials (and their relatives in some cases) are never taken part in any of the rich list. Yes better leave the prime minister out of this discussion because he is innocent.

Ignore those western media propaganda towards Cambodia, all they trying to do is bringing all sort of fatal and invalid excuses (corruption and human right issues) to condemn the current regime in Cambodia. All I have to say is this country is moving in a right direction, people are giving freedom of expression and corruption is rare

Government officials (and their relatives in some cases) are never taken part in any of the rich list. Yes better leave the prime minister out of this discussion because he is innocent.

Ignore those western media propaganda towards Cambodia, all they trying to do is bringing all sort of fatal and invalid excuses (corruption and human right issues) to condemn the current regime in Cambodia. All I have to say is this country is moving in a right direction, people are giving freedom of expression and corruption is rare

well i dont wanna discuss any political thing in here, but u said corruption is rare??hahaaa:ohno::ohno::ohno:

:) :)

i have a feeling hun sen is the richest person in this country do you think so?

He is probably not, but his family is probably the richest family in Cambodia, at least 51% chance that this can be true.

Government officials (and their relatives in some cases) are never taken part in any of the rich list. Yes better leave the prime minister out of this discussion because he is innocent.

Ignore those western media propaganda towards Cambodia, all they trying to do is bringing all sort of fatal and invalid excuses (corruption and human right issues) to condemn the current regime in Cambodia. All I have to say is this country is moving in a right direction, people are giving freedom of expression and corruption is rare

Only communists do not see corruption and human right issues in Cambodia. You don't need to listen western media, but go and see for yourself.

You are too innocent to believe that Hun Sen is innocent. Some people would do for their own convenience, and most foreigners who come to Cambodia would do that for a living not giving a damn to what happens in the country as long as they can make easy money.

I have to agree 100% with you on this one, Asian! Cambodia is one of the highest corruption countries, based on the latest Corruption Index. A matter of fact, you don't really need to read the Corruption Index. Corruption is so rampant that you will encounter the problems on a daily basis, especially when it comes to business dealing matter.

Only communists do not see corruption and human right issues in Cambodia. You don't need to listen western media, but go and see for yourself.

You are too innocent to believe that Hun Sen is innocent. Some people would do for their own convenience, and most foreigners who come to Cambodia would do that for a living not giving a damn to what happens in the country as long as they can make easy money.



I AGREE

My simple question is?
Why the Olympic city project need to build on the current Olympic stadium land..?
OCIC bought this land? when ? How much?
Why they did not announced to the public and let other company to fight for it. so that our government can get the highest price?

Or our country currently communist? no question is allowed. people no need to know?

Or corruption?

My simple question is?
Why the Olympic city project need to build on the current Olympic stadium land..?
OCIC bought this land? when ? How much?
Why they did not announced to the public and let other company to fight for it. so that our government can get the highest price?

Or our country currently communist? no question is allowed. people no need to know?

Or corruption?

Which other company are you talking about, anyone with the ability to develope somethign this size is likely have other deals with the officials.

My simple question is?
Why the Olympic city project need to build on the current Olympic stadium land..?
OCIC bought this land? when ? How much?
Why they did not announced to the public and let other company to fight for it. so that our government can get the highest price?

Or our country currently communist? no question is allowed. people no need to know?

Or corruption?

I absolutely agree with your doubt. To me, without tranparancy of this project I assume corruption must there. It just we don't know how large it is and who are involved!

Which other company are you talking about, anyone with the ability to develope somethign this size is likely have other deals with the officials.

It is the best location land in Phnom Penh so if the government really want to
sale it with a highest price they should made announcement to the public and
then many investors will be apply for it... And sure they will develop this land once
they bought it, as a people we need a transparent from our government to make
sure that its no corupption involved. Because it is national property is not Hun Sen or
Kiev Peng Se's property.

And again I don't think only OCIC that have ability to develop.. And also not mean that as long as any
company can develop it then give this land free or sold in cheap price or underground discus the price without transparency.

Totally it is call CORRUPTION

It is a rare piece of land, I guess very few individuals can afford it even if the government put up this land for public sale.

There are probably more investors involved in this project outside OCIC or Peng Kiev Se himself

I absolutely agree with your doubt. To me, without tranparancy of this project I assume corruption must there. It just we don't know how large it is and who are involved!

there is no transpancy anywhere in anything here, this should not be any special.

I think a few guys that own Tonle Group - Cambodia Investment (http://tonlegroup.com)is also in top 50 richest in Cambodia.

^^ their website is really professional

I think a few guys that own Tonle Group - Cambodia Investment (http://tonlegroup.com)is also in top 50 richest in Cambodia.

Where can you get the list of top 50 richest in Cambodia?

Where can you get the list of top 50 richest in Cambodia?

You can't really find out the exact amount - as the Khmer Elite will keep their money buried or oversea account lol

But it good, they're starting to invest that money back into the country.

^^ Right, it is impossible to get the exact amount of wealth for each individuals. The method of calculating personal wealth in the rich list is based on the stock market values, the amount of shares each individual held on a specific date.

Anybody heard/known about the current Assistant of Senator Ly Yong Phat ?
Mr Heng San ? Seems nobody knows this guy..I read his reply about the Bitter sweet...want to know more...about him
Thanks all.

^^ Never heard of this guy

^^

Ly Yong Phat is the CEO of L.Y.P Group.

I mean Mr. Heng San, Yes I know Ly Yong Phat (too famous not to ignore lol)

^^ Right, it is impossible to get the exact amount of wealth for each individuals. The method of calculating personal wealth in the rich list is based on the stock market values, the amount of shares each individual held on a specific date.

I thought the method is based on the assets each, not just the stock values, individual has.

In Cambodia, it is measured by how many cubic meters of gold and US$ you have in your secure room in your home, if I am not mistaken.

^^ Is that happen also in Vietnam too lol?

I thought the method is based on the assets each, not just the stock values, individual has.

In Cambodia, it is measured by how many cubic meters of gold and US$ you have in your secure room in your home, if I am not mistaken.

LOL, Gold cost about US$1 billion per cubic metre. before the gold price crash last month.

LOL, Gold cost about US$1 billion per cubic metre. before the gold price crash last month.

You are right, but I don't think that was what I meant. I mean they put all gold and money together, not the size of gold alone, in a room measured in cubic metres.