Compass Real Estate > Cambodia Real Estate Information > Cambodian investors join Japanese investors to build holiday homes in

Cambodian investors join Japanese investors to build holiday homes in

2019-12-04
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Summary:Domestic investment companies have teamed up with a Japanese company to develop a vacation home project

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Mondul Kiri, which is a beautiful and popular tourist destination of Cambodia, but it doesn't seem to have a lot of investors in the development of the project, now it has a joint venture between Cambodian company and a Japanese company too develop a holiday home project to meet the needs of the people of the area as well as those who want to have their own home in the beautiful land.

Speaking at a joint venture agreement between Japanese firm ECCJ Real Estate and tycoon Vichetdara Enterprise's local company Vichetdara Enterprise, the two companies will jointly develop Mondulkiri in the real estate sector by constructing housing and  entertainment place ,especially it is important for those who want affordable housing and retirement housing.

Tycoon said that this partnership with Japanese company because he sees the company investing in Cambodia; in addition, the company also has a large contribution to Cambodian society.

The purpose of the agreement with the Japanese company is to contribute to the real estate development and to provide assistance to homeless people in Mondulkiri.

It is worth noting that the Japanese company ECC Real Estate was initially an organization, but the company had a large desire to help the Cambodian people, especially those who wanted a second house.

According to HE Vichet Dara, there are some real estate companies now overlooked in the area but he believes that the province is not only beautiful ,it will has many projects to explore there, and that land prices will rise highly and quickly in the future and in the present value of the province is also changing.

It should be noted that Mondulkiri is an area that will have airport construction to facilitate tourism and other sectors such as industry and agriculture ,the province is also improving and the priec of land after airport construction news released ,has been also rising.(This news came from Business-Cambodia.com)

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