Kandal property bought up before bridge announcement

16 August 2014
Construction policy and regulation / Economic policy and administration / Government / Industries / Infrastructure / Land / Ministries and other national bodies / Office of the Council of Ministers / Real estate / Roads and bridges / Transport and shipping / Transport infrastructure and facilities
Akrei Khsatr commune / Chbar Ampov district / Chroy Changvar peninsula / Council of Ministers / Mekong river

Property investors with inside information may have bought up land across the Mekong River in Kandal province before the announcement of new bridges, a real estate agent claims.

Land in areas like Akrei Khsatr commune in Kandal’s Lvea Em district is set to become more valuable after this week’s announcement that the government has approved construction of two new bridges from the Chroy Changvar peninsula and Phnom Penh’s Chbar Ampov district. Access currently is only by ferry. …

 Siv Meng and Vandy Muong
http://www.phnompenhpost.com/post-weekend/kandal-property-bought-bridge-announcement