PHNOM PENH, Jun 12, 2008 (Xinhua) -- South Korean investors will hold ground-breaking ceremony here next week for its 52-story skyscraper, the tallest building currently designed for Cambodia, said English-Khmer language newspaper the Mekong Times Friday.
GS Engineering and Construction, the largest real estate developer in South Korea, will take four years to complete the project near the Tonle Bassac River, the paper quoted Mu Hion Woo, its chief of business division in Cambodia, as saying.
The project will include a 52-story office block, a 32-story residential block, an international school and a shopping mall, he said.
"Which country has the most experience in developing satellite cities? The answer is South Korea. There are probably four or five such cities near Seoul," he told the paper.
"But for us, it is business on one hand and a contribution to the development of Cambodia on the other. If you want to see the potential of Cambodia, you can see it in this project," he added.
Currently, a second South Korean real estate developer is constructing a 42-story skyscraper of comprehensive functions in downtown Phnom Penh and a third one developing a satellite city in the suburb.
When all South Korean projects were accomplished, the skyline of the capital would be totally renewed, as it is now dominated by buildings only four- or five-storey high.
GS Engineering and Construction, the largest real estate developer in South Korea, will take four years to complete the project near the Tonle Bassac River, the paper quoted Mu Hion Woo, its chief of business division in Cambodia, as saying.
The project will include a 52-story office block, a 32-story residential block, an international school and a shopping mall, he said.
"Which country has the most experience in developing satellite cities? The answer is South Korea. There are probably four or five such cities near Seoul," he told the paper.
"But for us, it is business on one hand and a contribution to the development of Cambodia on the other. If you want to see the potential of Cambodia, you can see it in this project," he added.
Currently, a second South Korean real estate developer is constructing a 42-story skyscraper of comprehensive functions in downtown Phnom Penh and a third one developing a satellite city in the suburb.
When all South Korean projects were accomplished, the skyline of the capital would be totally renewed, as it is now dominated by buildings only four- or five-storey high.
5 comments:
All those construction sites would be an excellent school for workers in the construction industry. They will acquire knowledge in construction field, acquire excellent hands on experiences and will earn good money too. It is sure that experienced Korean workers will be coming, but it will be room for Cambodian workers as well. Thank you Korea!
From 42 to 52 story? Next one will be 62. Where does the sewer go to? Into Bassac River? River fishes need food. Looking foreward for 99 story soon.
phnom penh will soon look like jarkatar, manila, bangcock, hong kong, singapore, tokyo, seoul taipei, shanghai, beijeng, chicago, etc... thank you. this said, people who owns real estate and lands will be super duper rich. wow! cambodia is changing a lot for sure! god bless cambodia. with that people in cambodia will eventually beat poverty, not all at once, but for sure, people will live better than they are now, no matter who is in power in cambodia, the show must go on. too bad for the cynics, the pessimists, the trouble-makers, the narrow- minded, the complainers, the whiners, the good for nothing types, the losers, the haters, the racists, the scammers, the ones who just wanted to sit and wait and do nothing, the ones who fear risks in life, the feables, the stupid, the uneducated, the ignorant, psychopathetic, the paranoia, etc., etc., etc,. the list just goes on and on... all of them can just go to hell and don't come back to cambodia. god bless cambodia and those who truly love and care for cambodia and her beautiful khmer people and their friends in the world.
cambodia, welcome to the world community of development! it's about time!
Welcome the world community of development to the kingdom of Cambodia and thank you all....
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