Friday, August 22, 2008

New Town in Kep?

Recently according to published article of The Cambodia Daily dated 19 August 2008 :"Development Project Planned for Beach in Kep".

An ambitious new development projected to cost $2 billion in planned for Kep, an investor said.

The development by Mekong Project Development International will reclaim 400 hectares of land along 6 km of beachfront property there in order to build a major new resort town incorporating about 10,000 housing units, including high-end bungalows, a university, a golf course and a 31-hectare park, according to Seng Vanntha, financial director of Seng Enterprise, one of a consortium of investors in the project.

In 2008, we have seen that number of development projects were planned. If it could become realistic in the coming years, it would be time for the prosperity to Cambodia.

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