{"id":9367,"date":"2020-09-17T11:41:14","date_gmt":"2020-09-17T04:41:14","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=9367"},"modified":"2021-06-04T15:41:47","modified_gmt":"2021-06-04T08:41:47","slug":"local-government-contemplates-on-real-estate-project-worth-25-million-in-cambodia","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/local-government-contemplates-on-real-estate-project-worth-25-million-in-cambodia\/","title":{"rendered":"Local government contemplates on real estate project worth $25 million in Cambodia"},"content":{"rendered":"

Authorities<\/span><\/span>\u00a0in Kampot<\/span><\/span>\u00a0reveal that they\u00a0<\/span><\/span>have to<\/span><\/span>\u00a0<\/span><\/span>review\u00a0<\/span><\/span>the technical and legal procedures prior to <\/span><\/span>submitting the project for approval<\/span><\/span>\u00a0<\/span><\/p>\n

\"\"
Angkol Beach at Kampot province, Kingdom of Cambodia. AngkorVector\/Shutterstock<\/figcaption><\/figure>\n

The Kampot provincial administration is currently deliberating over a massive real estate investment project valued at around USD24.8 million in the Kampong Trach district of Cambodia, reported the Khmer Times<\/a>.<\/p>\n

The investment project presented by Gold Coast International Development Co. Ltd. has been assigned its own technical committee to thoroughly evaluate its impact on the province.<\/p>\n

The proposed project will be developed on a 42-hectare land in the Thkov village, West Russey Srok commune, Kampong Trach district. It will come with a four-star hotel, a shopping mall, a commercial centre, an entertainment centre, condominiums and tourism services.<\/p>\n

More: Cambodia to develop sustainable cities in seven provinces<\/strong><\/a><\/p>\n

On a meeting held last 11th of September, Kampot Provincial Governor Cheav Tay disclosed that the provincial administration has established a working group to assess the legal and technical processes before referring the said project to the Council for the Development of Cambodia for approval.<\/p>\n

Kampot province is among the four coastal provinces in the southwest of Cambodia. The area is now viewed as a promising investment hub since the government has been converting it into one of the most appealing tourist destinations.<\/p>\n

By 2023, the local provincial administration plans to attract about 2.5 million national and foreign tourists.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities\u00a0in Kampot\u00a0reveal that they\u00a0have to\u00a0review\u00a0the technical and legal procedures prior to submitting the project for approval\u00a0<\/p>\n","protected":false},"author":9,"featured_media":20737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[177,938,937,322],"class_list":["post-9367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-cambodia","tag-coastal-city","tag-kampot","tag-tourism","news_country-cambodia","news_author-property-report"],"acf":[],"yoast_head":"\nLocal government contemplates on real estate project worth $25 million in Cambodia | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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