Compass Real Estate > Cambodia Real Estate Information > Kampong Speu has been approached by 35 major Chinese companies to study key areas for investment

Kampong Speu has been approached by 35 major Chinese companies to study key areas for investment

2019-11-30
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Summary:Province near Phnom Penh ,along National Road 4, is upgrading its code by coming down with investment opportunities from 35 major Chinese companies

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Province near Phnom Penh ,along National Road 4, is upgrading its code by coming down with investment opportunities from 35 major Chinese companies while this area has had many major projects, it has been changing the face of the province in recent times rapidly.

Kampong Speu, which has a lot of potential, regardless of demography, geography, etc., is why this nearby province of Phnom Penh is very interesting, whether local or foreign investors never stop to come.

On the morning of November 27, 2019, HE WY Samnang, Governor of Kampong Speu Provincial Council met with 35 large companies from the People's Republic of China to explore opportunities for investment in Kampong Speu. 

Taking the opportunity, he said that Kampong Speu is in need of more investors to develop the province in order to provide a job market to the Cambodian people and reduce migration.

In addition, he also highlighted areas in which the territory is desperately in need of investors, including agriculture, industry and trade with quality and efficiency to improve the living standards of people in the province.

According to the governor, the companies that are investing in Kampong Speu are also recognized and approved by the Council for the Development of Cambodia (CDC).

It should be reminded that Kampong Speu has great potential to absorb many projects and invest in the real estate industry,Obviously a major project, such as a $ 2 million stadium, to be built next month,Solar power plant project,Power plant project,Water treatment plant,Giant Cattle Farm raised by Korean technology,Fruit Processing Plant,Fruit processing plants cost more than $ 6 million,International level entertainment center,The project to create a smart city on an area of about 100 hectares,and more giant projects have emerged on the territory of the investment barn.

Through this continuous absorption and transformation of the province in a very short period of time, especially the land and construction sector has grown dramatically and it has contributed significantly to Cambodia's image.(This news came from Business-Cambodia.com)

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