By Touch Yuthear
The Mekong Times
The construction of Phnom Penh’s first international satellite city, which will cost more than US$500 million, has been launched on a 260-hectare site in Russey Keo district’s Khmuonh commune, 7km northwest of the city.
Speaking at the ground-breaking ceremony of Grand Phnom Penh International City (GPPIC) on Saturday, Ciputra, general director of the Ciputra Group (CG), said the GPPIC is a joint venture between the Indonesian CG and Cambodian YLP Group.
“The new integrated town will house as many as 4,400 families, and will consist of villas, apartments, office buildings, shopping centers, hotels, schools, hospitals, sport and leisure areas, an 18-hole golf course with driving range and much more,” Ciputra said. “GPPIC will be developed with the essential facilities for families with international life styles.”
Ciputra Group has spent the last 25 years developing 28 satellite cities in Indonesia, and two more in Vietnam and India. Ciputra said he hoped GPPIC will be finished by 2018, and he claimed it will be as modern as any other city in the world.
Mao Malay, general director of YLP, said the two companies started developing the city together in 2006. She added that the venture was granted full master plan approval by the Phnom Penh Municipality on Aug 9, 2006, and the Council for the Development of Cambodia gave its support in principle on Aug 28, 2007.
The project is also receiving strong support from Prime Hun Sen, Mao Malay said.
Presiding over the ceremony, Phnom Penh Governor Kep Chuktema said the development project is part of the new face of the city’s development and is helping to modernize Phnom Penh.
“When GPPIC is finished, it will help reduce Phnom Penh’s traffic congestion,” he said.
GPPIC will offer customers a choice of 10 types of flats with sizes ranging from 140-600 square meters.
Speaking at the ground-breaking ceremony of Grand Phnom Penh International City (GPPIC) on Saturday, Ciputra, general director of the Ciputra Group (CG), said the GPPIC is a joint venture between the Indonesian CG and Cambodian YLP Group.
“The new integrated town will house as many as 4,400 families, and will consist of villas, apartments, office buildings, shopping centers, hotels, schools, hospitals, sport and leisure areas, an 18-hole golf course with driving range and much more,” Ciputra said. “GPPIC will be developed with the essential facilities for families with international life styles.”
Ciputra Group has spent the last 25 years developing 28 satellite cities in Indonesia, and two more in Vietnam and India. Ciputra said he hoped GPPIC will be finished by 2018, and he claimed it will be as modern as any other city in the world.
Mao Malay, general director of YLP, said the two companies started developing the city together in 2006. She added that the venture was granted full master plan approval by the Phnom Penh Municipality on Aug 9, 2006, and the Council for the Development of Cambodia gave its support in principle on Aug 28, 2007.
The project is also receiving strong support from Prime Hun Sen, Mao Malay said.
Presiding over the ceremony, Phnom Penh Governor Kep Chuktema said the development project is part of the new face of the city’s development and is helping to modernize Phnom Penh.
“When GPPIC is finished, it will help reduce Phnom Penh’s traffic congestion,” he said.
GPPIC will offer customers a choice of 10 types of flats with sizes ranging from 140-600 square meters.
4 comments:
Another mega-project doomed to failure because of its size and scope. How many golf courses do you need in Cambodia? The country needs affordable housing for the poor.
"...for families with international life styles." = foreigners only.
In 5 to 10, or to 20 years, when those poor farmers/landowners or their children will have lost their lands, and their previously new Toyotas/Lexuses now became rusty, they will have to get in line to serve those "families with international life styles" by applying for job to work in the luxury buildings and factories that stand on the land they owned earlier. Don't you just love "development?"
There will always be perpetual gangs of thugs from local sources that need to be put up as stooges to protect the interests of those "families with international lifestyles."
Yes, and that is why we must deported Ah Zimbabwean's slave (Spam Rainxy_ and Ah Khmer-Yuon out of Cambodia.
think long terms, people. this will help cambodia to develop and lifted out of poverty slowly but surely. of course, not everybody can afford luxurious living right away, however, after having secure jobs and making more money at jobs throughout cambodia, i'm sure cambodian people will be able to afford to buy their dream homes, etc..., just like refugees who first came to settle in america or anywhere else, they too did not and could not afford to buy homes or get a high paying jobs right away, however, over the years ( in long-term focus), they were able to get wealthy. so this same concept ought be apply to cambodian people in cambodia as well, although not all of cambodian people will be able to afford good living right away, i'm sure, with careful savings and planning they too can achieve their dreams. please be patient as cambodia is now starting to get better and better both economically and politically speaking. continue to dream big and have lots of high hopes, cambodia, we can overcome. god bless cambodia and her beautiful people.
Post a Comment