Cambodia's islands are more likely to develop the real estate sector

Kim Heang, general director of Khmer Real Estate and Keller Williams, said that Cambodia is a country with many islands in its waters, but so far, the islands seem to be underdeveloped. While some islands have been licensed by the Royal Government of Cambodia to private companies for investment.

He said that even with licenses from the government, some investment companies so far have not allocated a lot of money to develop on the island, and even some island owners and developers have been reselling to the dealer. "

Kim Heang said that  developer of the island developed capital for development, the islands in Cambodian seas will attract more tourists and investors, while the land potential there will also increase. . The owner of the project can begin to build on the island's infrastructure to capture the value of the property market, following highways, bridges and convenient transportation.

"If the company has the right to invest in the islands, they should develop infrastructure such as condominiums and tourist routes around the islands," he said.

Mr. Chrek Soknim, president of the Association of Valuers and Real Estate Agencies of Cambodia, said that a well-planned development would bring potential to the region, and when foreign investors came to invest it would make Cambodia profitable.

"The development projects in the islands have always been successful because the nature of the islands in Cambodia is very strong," he said.

Cambodia has 64 islands, of which 54 are located in the territory of Preah Sihanouk Province, while the other is Koh Kong, Kep and Kampot province, but so far, 28 islands equal to an area of more than 180,000 hectares The government has been hired by private companies to invest in tourist attraction, but the practice is seen as an island. Only a few have developed gradually in tourist areas such as  Attractions such as Koh Puos, Koh Dek Kol, Koh Sang Sa, Koh Tang and Koh Rong

President of the Asia Pacific Travel Association of Cambodia, Mr. Thoun Sinan, said that the islands, especially the islands in Sihanoukville, are attracting investment, especially the increase in domestic and international tourists increasing due to the influx of visitors Increasingly, Sihanouk traveled to more island destinations.

"Sihanoukville has become a multi-purpose commercial center, so international tourists have left much of this city and sought more leisure time on many islands," he said. Up in Sihanoukville, making the islands more prosperous and attracting more investment. "This news from propertyarea.asia