Hundreds hectares of Land and homes in Ratanakkiri are affected by floods, which can be stagnant!

In recent days, the effects of the flood have hit many coastal provinces not only that, it also made an impact in the neighboring provinces.

The effects of the floods have affected hundreds of hectares of land, hundreds of people’s homes that caused many injuries and some deaths.

The Kaun Mom and Lumphat districts in Ratanakiri province, in fact, have been severely affected, with hundreds of hectares of farmland and hundreds of homes affected and people are disrupted in farming and have to flee their homes to safety.

Not only that, the effects of the floods may also have an impact on building construction and property prices, with property prices in the affected provinces likely to be stagnant; it is not possible to buy, sell or doing construction process due to weather and flood conditions.

Notably, Ratanakiri province has also attracted many development projects such as:

Developer China Dalian International Economic & Technical Cooperation Group Co., Ltd is studying the opportunities in Ratanakiri province to invest in key projects in which it specializes, which is a good sign for the prosperity of the Northeast.

KAUSU EAH LEO BM JOINT STOCK CO., LTD has invested approximately US $ 43.64 million to establish an agro-industrial (rubber) plant and processing plant in Seda commune, Lumphat district, Ratanakiri province.(This news came from Business-Cambodia.com)