Compass Real Estate > Cambodia Real Estate Information > All three border gates are attracting Chinese investment

All three border gates are attracting Chinese investment

2019-06-24
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Summary:Currently, Cambodia has 24 international border gates, including:There are three international border gates, four international border checkpoints, There are 17 international border checkpoints, including Cambodia-Vietnam border with 10 Cambodia-thai 6 and Lao-Cambodia 1.

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 Currently, Cambodia has 24 international border gates, including:There are three international border gates, four international border checkpoints, There are 17 international border checkpoints, including Cambodia-Vietnam border with 10 Cambodia-thai 6  and Lao-Cambodia 1.

 The rise in real estate in non-formal border checkpoints may rise, but it depends on the development of any major private sector projects, especially the state.The rise of development projects in the border region has resulted in a steady rise in land prices that have helped the people's economies in those areas.In that, three border gates are very strong in real estate sector :

1. Chrey Thom border gate

Chrey Thom border gate has become an international border gate with two locations,Together, there are land gate border and Waterways gate border It is set at the land border gate Located in Chrey Thom village, Sam Phouun commune, crossing Chrey Thom Bridge Opposite the Long Border gate, 300 meters from Chrey Thom Bridge.The waterway gate is located at 21, in Chrey Thom village, Sam Phouun commune, crossing the Tonle Bassac and Prek Chrey thom in front of the Long Bin border, Vietnam.

At this port A big company has announced plans to invest $ 94.5 million to build a 5-star luxury hotel in Chrey Thom area in SamPouun commune, Koh Thom district, Kandal province.

2. Poipet Gate

Poipet is a part of Banteay Meanchey province and covers an area of 2,620,000 square meters divided into three Sangkats: Sangkat Poipet, Sangkat Phsar Kandal and Sangkat nymet Poipet has a population of over 140,000, of which nearly 50,000 foreigners.

At present, the border gates have casinos, hotels, commercial buildings and residential buildings are increasingly present as a result of foreign investment. As a result, real estate prices in Poipet have risen sharply since last year.

3. Bavet Gate

Bavet has an area of 206.69 square kilometers and has five special economic zones and 56 factories are running, 12 hotels and casinos are in operation and one is under construction.
In this area, Chinese investors have invested over US $ 1,700 million to invest in real estate in Cambodia, focusing on international and multi-sectoral enterprises.In addition, Empire World  Groups Asia launched the first project to build an apartment on 50 hectares of the 800-hectare satellite city project.In fact, if only at the border, it can not raise the price, but if any  boundary has a big plan to go, certainly the real estate price will go up, the national economy will grow people living in that area Those are also more prosperous.
This news from business-cambodia.com


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