Camko City restarts after one-year hiatus

Construction at Camko City, an unfinished, US$2 billion satellite city in northwestern Phnom Penh, has resumed after at least one sentence connecting the mega-project’s chief executive with a Korean banking scandal was dropped. , the company behind Camko City, has resumed the construction of retail space and parks, according to Kheng Ser, assistant to the company’s Chief executive, Lee Sang-ho. He said residential space was nearly sold out, but could not confirm a completion date for the first phase of the project. … In a recent statement issued by World City, the company said all charges involving Lee Sang-ho had been dropped. …

http://www.phnompenhpost.com/index.php/2012082858313/Business/camko-city-restarts-as-banking-scandals-drop.html