Sihanoukville Real Estate Rocketing up: $30billion Investment

194 projects are being built in Preah Sihanouk province as of 2020. These projects total $30,091,061,924.

Preah Sihanouk provincial governor Kuoch Chamroeun addressed this data at a press conference on the “progress and direction of the Sihanoukville provincial administration” on 9 June.

2021 edit: here is $16B Ream project started in 2021.

The data of real estate investment in Sihanoukville

 

According to the report of the Governor, these 194 projects have been invested by 12 real estate companies / projects with a total investment of US $1,066,500,000. The Economic Land Concession Project has five companies developing on 11,728 hectares of capital, worth $112,548,924.

The Long-Term Leasing Investment Project has three companies in the area of ​​7,031 hectares of total investment capital of US $7,693,034,440. Total investment of $3,900,570,251.

Investment in tourism and hotel services (60 companies / projects) total investment of $10,745,601,849.

The Agribusiness Investment Project has 11 companies / projects totaling $213,953,540.

Manufacturing Investment Projects (06 Companies / Projects) Total Investment: $59,063,674.

Investment in food, beverage, and tobacco (9 companies / projects), total investment of US $334,729,740 and SEZ (10 companies) in 2,586.26 hectares Total investment: $ 1,481,358,802.

The Preah Sihanouk Provincial Governor’s report added that the government and authorities have also issued 1,355 construction permits with a total area of ​​13,107,209 square meters with a total investment of $7,099,417,227 USD also. These construction projects are from 2017 to May 2020. And from 2005 to May 2020, 529 high-rise buildings in Preah Sihanouk province have tallied 529 projects.

 

 

The Government, which has set the vision for the development of Sihanoukville by 2030 to be a national development pillar on the coast of Cambodia, will especially become a multi-purpose SEZ, a National Growth Center and a National Logistics Center through development. Smart Cities and the Integration of the Bay Area.

 

Resource: Sihanoukville Governor official press release: http://www.langveknews.com/?p=44057

 

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