News

Firm vows to finish building gold tower 42

The South Korean company behind the long-stalled Gold Tower 42 has again promised to resume construction on the $240-million skyscraper in Phnom Penh, telling officials from the Ministry of Land Management that work would proceed this month and wrap up in 2018. ...

Kang Sothear and Anthony Jensen
https://www.cambodiadaily.com/news/firm-vows-to-finish-building-gold-tower-42-101703/

Future of Gold Tower 42 in Arbitration Court

The owner of the $240 million Gold Tower 42 project in Phnom Penh has entered into arbitration with the project’s builder, in a bid to get work started again after construction halted on the project in September 2010 due to poor unit sales and cost ...

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