Compass Real Estate > Cambodia Real Estate Information > Coastal provinces are active economically, and decorated sea view apartments continue to be sold

Coastal provinces are active economically, and decorated sea view apartments continue to be sold

2020-03-11
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Summary:Coastal provinces rely on the sea and have multiple ports, as well as natural islands, beaches and other natural resources. The geographical advantage is obvious, and trade and tourism are active.

With the exception of Phnom Penh, the hottest investment provinces in Cambodia are the coastal provinces.

Coastal provinces have multiple ports, as well as natural islands, beaches and other natural resources. The geographical advantage is obvious, and trade and tourism are active, which has also led to the development of the real estate market.

Sihanoukvile is the largest port city in Cambodia, and it is also a key development city of the Belt and Road. The investment is hot, and the construction industry, service industry, gambling, and attracted attention from investors.

Although the popularity of the Koh Kong province and Kampot province lags behind that of Sihanoukvile, investment has increased in recent years. The construction of airports and highways has promoted local economic development.

According to the report of the Cambodia Development Council (CDC), from 2016 to August 2019, the total investment in the three coastal provinces of Cambodia exceeded US $ 2.6 billion, accounting for 11.5% of the country's total investment. Its public province in China invested US $ 470 million in Kampot Province. With an investment of USD 100 million, Sihanoukville has invested USD 2 billion, and the development of coastal areas is eye-catching.

Most of the newly built projects in the three coastal provinces of Cambodia are concentrated in Sihanoukvile, with a wide price range and many options, and investment opportunities should not be missed.

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