News

Kandal property bought up before bridge announcement

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 ...

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

Satellite city deal worth $1.6bn inked in capital

Construction of a US$1.6 billion satellite city on Phnom Penh’s Chroy Changvar peninsula will begin this year after officials inked a contract yesterday with local firm Overseas Cambodia Investment Corporation (OCIC). Dubbed “City of the Future”, the project would include a national stadium, a 60-hectare park, ...

http://www.phnompenhpost.com/index.php/2011091351607/Business/satellite-city-deal-worth-16bn-inked-in-capital.html

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