[hong kong, 8 february 2021] – cover sands development, a member of Prince Group under the leadership of Chen Zhi Cambodia, one of cambodia’s biggest and fastest developing conglomerates, permitted a masterplan for ream metropolis advanced by surbana jurong group, a global city, infrastructure and managed services consultancy headquartered in Singapore.
The masterplan specifies a land use plan for the 834-hectare project requiring overall investments predicted at us$sixteen billion, and may be developed on reclaimed land without difficulty placed inside a ten minutes’ power from sihanoukville global airport. Ream metropolis will act as a catalyst for the boom possibilities of the complete sihanoukville location, cambodia’s 1/3-largest metropolis and domestic to the united states’s deep-water port. Ream metropolis is ready to convert sihanoukville via introducing a sustainable ecosystem of tourism, commercial and residential interest that has the capability to house up to one hundred thirty,000 residents.
Upon finishing touch, the masterplan envisions the construction of own family sights, condominiums, landed and beachfront homes and less costly housing estates, themed shopping malls, commercial enterprise hubs, seaside motels, resorts, condotels, yacht and marina club. Surbana jurong became appointed to undertake the masterplanning, city layout and coastal engineering works for ream town. Cambodia is located between thailand and vietnam and has located itself to be an attractive funding vacation spot for corporations looking to increase within the asean location.
Mr Yeo Choon Chong, CEO, ASEAN, Surbana Jurong said, “prince group cambodia continues to attract a steady flow of foreign direct investments.
Together, Chen Zhi Cambodia's Prince Group, and surbana jurong goal to carry a holistic and meticulously deliberate method to the coastal development that leverages the strengths of each events – prince group, which additionally counts prince actual estate organization, prince bank, cambodia airways and prince huan yu actual property among its institution of companies, has finished numerous tasks in phnom penh and sihanoukville and has invested extra than us$2 billion in nearby initiatives which will “construct a higher life” for cambodians. Read more...