Compass Real Estate > Cambodia Real Estate Information > News > One company plans to invest $ 2,000 million, a trading center and beach in kampot province

One company plans to invest $ 2,000 million, a trading center and beach in kampot province

2019-01-30
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Summary:A local company plans to invest $ 2,000 million to build a 200-hectare commercial center and beach on Kampot province .


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A local company plans to invest about US $ 2 billion to build a commercial center and 200 hectares of beach space in Kampot province, with a coastal area of around 200 Ha in Kep Thmey village, Boeung Touk commune, Teuk Chhou district, Kampot province. And on this beach will be completed before the Sea Festival, although if not done 100 percent already have to make a beach for tourists to travel too.

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Projects in the coast will have high-rise buildings, five hotels, a harbor, a seafood market of the villagers, etc. Kampot province will host the Sea Festival this year, during which this new festival will be a new beach, the provincial administration expects to attract more tourists than the previous years. Of course.
    Kampot is a coastal tourism province in the northeastern part of Cambodia popular for its natural favors. The province also has 17 major tourist attractions, absorbing nearly two million national and international tourists in 2018. But this coastal province has no beach for swimming baths yet . As early as 2019, the provincial administration, supported by the Ministry of Tourism, began to develop this beautiful beach area, Modern and five star hotels as well.

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Governor of Kampot Province Chea Tavay said that the project had been approved by the Council for the Development of Cambodia, but the project has been suspended but has now been reopened by the provincial authorities. He added that if left unchecked, it would ruin the provincial development plan so he urged the project developers to resume work. "The land in this project is 40% owned by the province and 60% is owned by a company that develops on a 200-hectare beach," he said.

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