- Development potential
- hard title
Abode presents this hard title 0.65 hectare land ‘ SE Asia Deal of the Decade ‘ on beautiful Koh Rong Island, a fully cleared block on the southern side of a gently sloped hill, ready for development.
A sealed road is being built adjacent to the plot. $60/sqm is a great opportunity to buy one of the best properties in Asia.
According to Tourism Infrastructure for Inclusive Growth (TIIG) Project, regional tourism will increase 5-fold by 2025.
The Government’s plan aims to enhance (i) travel (ii) tourism production (iii) tourist safety (iv) marketing (v) regulatory mechanisms and (v) human resource development.
Original ID: KR.002
Koh Rong Island:
Koh Rong Island is the second largest island in Cambodia 25km off the coast in the Gulf of Thailand. It covers approximately 78sqm with 43km of beaches. Royal Group has a 99 year lease and will build Asia’s ‘first planned resort island’.
There are few people, dirt roads, no cars, no traffic jams and the speedboat from Sihanoukville only takes 45 minutes.
The US version of Survivor seasons 31 and 32 were filmed in Koh Rong.
Sihanoukville – nearest city to Koh Rong Island
Sihanoukville is a coastal city and capital of its namesake province. Located in the country’s south west on the Gulf of Thailand, it is surrounded by beaches and marshlands next to Ream National Park. The city has one navigable river, Ou Trojak Jet, running from Otres Pagoda to Otres.
Since 2016, levels of Chinese investment not seen before entered Sihanoukville and around 100 casinos opened up. In 2019 nearly 80,000 Chinese lived in Sihanoukville (90% of the expat population).
Many islands have also seen recent development. Sihanoukville is one of the cities in China’s One Belt One Road Initiative.
Phnom Penh – Sihanoukville Expressway
When operational, it will be the largest roadway in the country and provide a better link between the two cities.
Project type: 2 + 2 lane expressway
Maximum speed: 100 km/h
Length: 190 km
Width: 24.5 metres
Developer: China Road & Bridge Corporation (CRBC)
JICA undertook a feasibility study 2006 to 2018 and construction commenced 2019. The road starts at Phnom Penh and runs west side of NR 4 to Chbar Mon. There it crosses NR 4 and continues along its east side to Sihanoukville.
The project includes 89 bridges, 4 rest stops, gasoline stations and crash barriers to enhance safety.
US$2 billion project is a three way Public Private Partnership (PPP) project with CRBC and governments of Cambodia and China. China Road & Bridge Corp (CRBC) is main contractor. Ongoing cost support from road users via toll booths.
Benefits of the Sihanoukville Expressway:
- Fast and safe link between the capital city Phnom Penh and Cambodia’s main seaport Sihanoukville
- Estimated to reduce travel time by 50% to 2½ hours
- Anticipated to reduce National Road 4 congestion
- Enhance the reliability and safety of national road network
- Creates 6,000 project and 2,000 ongoing operations jobs
Innovative Cambodia my 2nd home program
Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI). Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.
Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network. READ ON
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- ID: 6151
- Published: August 4, 2022
- Last Update: August 15, 2022
- Views: 1279