22-12-2015, 04:53 PM
Cambodia Market Updates:
From glitzy malls and high-rise flats to five-star hotels, a luxury building boom in Phnom Penh is transforming a capital once reduced to a ghost town into one of Asia’s fastest growing cities.
The recently approved 'Phnom Penh Land Master Plan' aimed to deal with population growth and a continued construction boom as the capital’s population grows by more than a third to a projected 3 million by 2020.
“Today [the city] faces new challenges such as population growth, which has reached 2.34 percent…and the growth of urbanization, big construction and increased transportation, which have caused noticeable traffic jams and environmental pollution,” he said.
“This master plan will aim at developing major infrastructure, including roads, drainage system, clean water system, lakes, ports, airports, parks and green space, residential policy…and municipal heritage conservation,” he said.
Learn how you can start investing in renowned Cambodia developments such as The Gateway Cambodia & The Peak Cambodia, and enjoy 1st mover advantage into this BOOMING emerging market!
Take Advantage on the Strong Growth of Phnom Penh today.
From glitzy malls and high-rise flats to five-star hotels, a luxury building boom in Phnom Penh is transforming a capital once reduced to a ghost town into one of Asia’s fastest growing cities.
The recently approved 'Phnom Penh Land Master Plan' aimed to deal with population growth and a continued construction boom as the capital’s population grows by more than a third to a projected 3 million by 2020.
“Today [the city] faces new challenges such as population growth, which has reached 2.34 percent…and the growth of urbanization, big construction and increased transportation, which have caused noticeable traffic jams and environmental pollution,” he said.
“This master plan will aim at developing major infrastructure, including roads, drainage system, clean water system, lakes, ports, airports, parks and green space, residential policy…and municipal heritage conservation,” he said.
Learn how you can start investing in renowned Cambodia developments such as The Gateway Cambodia & The Peak Cambodia, and enjoy 1st mover advantage into this BOOMING emerging market!
Take Advantage on the Strong Growth of Phnom Penh today.