Prince Real Estate Group has announced an additional $ 20 billion over the next 10 years, as it has invested over $ 4 billion in real estate in Cambodia.
Mr. Lim said at a press conference after signing a deal with three companies to launch a store in Prince Plaza International on March 22, 2019 that Princess Real Estate will be at the forefront of international investment companies in the country. Cambodia; Having invested in large real estate projects, such as the Plasma Project on Norodom Boulevard, the Project Plaza Project, along the Russian Federation Road and some projects in Sihanoukville.
"Since we came to invest in Cambodia, we have invested more than $ 4 billion and we will add capital as much as we can," he said.
He continued that the company still sees the potential of investment in Cambodia, while the country's economic growth has maintained a good balance, especially in maintaining domestic political stability. Given these potentialities, the company will add up to 20 billion US dollars in the next 10 years, with the company already planning its projects, including Sihanoukville; Phnom Penh and Siem Reap are their top priority in investing.
Mr. Lim also added that every investment in the projects of Princetery Cambodia was also a success. Indeed, the Pinnacle Internet Center, which was built over half a year ago, was signed by many companies and shops. To be located in the center when constructed and apparently the company that signed with 5 partners to open Many stores in outlet centers Evans Plaza E-Commerce Co., Ltd..
He said that the real estate project of Princess Print Real Estate Group has grown in Phnom Penh and Sihanoukville and has achieved remarkable achievements. Princes Real Estate Group in Kingdom of Cambodia is located in the center of Phnom Penh's three main districts, and it is also planning to expand all Khan in Phnom Penh.
Okhna Lehour, president of the Cambodian Housing Development Association, said the real estate and construction sector in Cambodia will continue to grow for another 5 to 10 years as Cambodia remains peaceful, political stability and economic growth continue to be strong in the long term. .