AFP
PHNOM PENH - CAMBODIAN officials on Friday broke ground on the country's first skyscraper, a 42-storey tower that when completed will dwarf all other buildings in the low-rise capital Phnom Penh.
The 192-metre-tall Gold Tower 42 project is being touted by Cambodia's leaders as a symbol of the country's galloping economy, which has averaged 11 per cent growth over the past three years.
'The tower is the highest building in the history of Cambodia's capital,' said Deputy Prime Minister Sok An, adding: 'It's a symbol of economic growth.'
The 240-million-dollar high-rise, which will include a library and medical facilities along with luxury apartments, is backed by South Korea's Yon Woo company and is expected to be completed by 2011.
Company officials say at least half the available units have already sold.
'When completed, the building will bring all of us good life and success,' Yon Woo chairman Kim Tae Yeon told a crowd of about 600 high-ranking Cambodian and South Korean officials.
Cambodia has climbed back from decades of civil unrest to emerge as one of the region's most vibrant economies, marked by an unprecedented building boom that is radically changing the face of this once-sleepy capital.
At least two other high-rise buildings are planned, along with another South Korean-backed project, the sprawling Camko City planned community located on the outskirts of Phnom Penh.
The 192-metre-tall Gold Tower 42 project is being touted by Cambodia's leaders as a symbol of the country's galloping economy, which has averaged 11 per cent growth over the past three years.
'The tower is the highest building in the history of Cambodia's capital,' said Deputy Prime Minister Sok An, adding: 'It's a symbol of economic growth.'
The 240-million-dollar high-rise, which will include a library and medical facilities along with luxury apartments, is backed by South Korea's Yon Woo company and is expected to be completed by 2011.
Company officials say at least half the available units have already sold.
'When completed, the building will bring all of us good life and success,' Yon Woo chairman Kim Tae Yeon told a crowd of about 600 high-ranking Cambodian and South Korean officials.
Cambodia has climbed back from decades of civil unrest to emerge as one of the region's most vibrant economies, marked by an unprecedented building boom that is radically changing the face of this once-sleepy capital.
At least two other high-rise buildings are planned, along with another South Korean-backed project, the sprawling Camko City planned community located on the outskirts of Phnom Penh.
28 comments:
Wow wow woo, want to see nasss.
How can I be the one in that skyscrapers?
Go go go Cambodia go!!!
I call this ground breaking event a "significant milestone" and "superlative leadership."
Prime minister, we thank you for your unparalleled and superlative leadership!
Great to see Cambodia woke up from a long sleepting. We want to see this in the provincial town also not just only Phnom Penh. Just like to warn on the evironmental inpact such smoke polution and traffict jams which will cause a lot of problems. My idea is that we need to build the bridge arross the main streets and establish the public transportation such skytrain, public bus, that we really needed.
Independent Economist.
We need more public toilets PM Hun Xen.
Yep, we are near the knee of the economic exponential growth curve now, and the change will become more and more noticeable from this point on. The high fuel price will shift this curve a little, but it will not be a "show stopper" for us. Our jobs deficits should start to decline soon. Poverty will continue to fade as middle class getting into gear, and yes, the rich will continued to get richer too as usual, nothing anyone can do about that.... .
3:23 PM
In modern society, in this day and age, we call it "overpass" not "bridge." Thanks for your haptic (intellectual?)response, Mr. economist. In addtion, I'd highly doubt that the gorillas could differentiate between bridge and overpass.
shut the fuck up Ah thmil land robber Kamaer rouge 'hun shit dick's sucker...low life ....land robbersss in kampouchear.
TIU NI MA KA HAY>>>>>>
motherfucker
4:09 PM
Yup! Frustration and anger will only confuse you.
Now, count from one trillion to zero and calm down!
Wow, wow, Wow!
Gold Tower 42 project ain't more magnificent than Camko City. How many Khmers will the great opportunity to be in? Hopefully, the police doesn't beat up or kill the beggars who standing or lying down in front of Gold Tower!
Cambodia sell everything for economic growth and high rises. Of cause we love to see growth and high rises in the country but we don't want to digging up our earth, cut our forest, kill our fish uncontrollably, in addition to hurtting our poor, reward the crooks.
To the public:
Did the king and his family achieve anything for the country or perhaps at least for his family?
Yes 10:05PM most of the royals now living well in the country except the potantial bettrayal Ranarith!
And he give a chance for NGO to do allot of good things for the people to from education to health care and culture! Young People have more chance to leurn about outside world 1000000 times than befor 1992!
7:53, don't be a hypocrite, will ya? No one on this planet will let a drunken bump near the "Tour Eiffel" or "Empire State building". I am sure they will move bump outta there.
Most of the royals and hun sen party aka CPP are living well at the expense of the people of Cambodia. This because Ho chi minh is the real king/government. and I would like to know how much kickback this Sok An get for this gold tower. I'm surprise they didn't call it Sok An Gold tower or Hun Sen first skyscraper.
Hmmm!!
My beloved 10:50PM!
A ya attempting to compare US with Khmer beggars?
11:57 PM
Listen, pal! When my Penhouse Suite is ready, I want you -- yes, you -- and the rest of your gorilla spacies away from my residence.
Wow, wow, WoW!
My beloved 12:05AM,
ya should be delightfully blissful, 'cause I am so unspeakably poor. Therefore, I can't go anywhere!
Thursday, March 13, 2008
3 Strategic Plans to Maintain Vietnamese Status Quo: Indochina Federation Part IV
We are grasped very well that Vietnam's attempt to swallow Cambodia has not yet retreated. Vietnam is using the politics of incorporation and economic capitalism to maintain its "status quo" in order to gain their original objective to achieve Indochina Federation, and to benefit their economic growth.
Those Vietnam strategies are possibly through economic, armforce, and political structuring.
1. Sok Kong is Vietnamese by birth and he has never discarded his Vietnamese citizenship. His former name is Sau Cot. He was born in Dong Thap province. He just turned back to Cambodia in early 1990s. What we are wondering about his business in Cambodia, the capital resource is not from Sok Kong himself, but his business capital possibly from Vietnamese government. Petroleum is the lucrative business of Sok Kong. Beside this there are various investments such as import, export, resort, hotels, and the concession of Angkor Wat etc. We do suspect that the profits that this company earned have not deposited in Cambodian bank, the budget possibly transfer to inject the economic growth of Vietnamese government. This just one example among other Vietnamese business tycoons who have not only invested to gain their profit but also to maintain "status quo" of Vietnamese aggression.
2. Hok Lundi who has been noticed by many observers and Cambodian peoples as the Vietnamese in origin. He is playing the role of maintaining "status quo" through armforce in Cambodia. Beside this he facilitates the easiness for all illegal immigrants of Vietnam who are wishing to resettle in Cambodia. Many of those Vietnamese illegal immigrants possibly owned Cambodian citizen through Hok Lundi's supervising and network. We may not be aware that in Cambodia Hok Lundi is a very powerful and influential man to all ministers and governmental officers.
3. Om Yintieng and other group of advisers are the living political machine to maintain "status quo" to achieve their aggression intention. Critically, many good critics and concerns of foreign experts including Peter Libritch, Yash Gai etc are good for government to move in the right trajectory. But often those advisers reversely, adversely attacked those critics and turn Cambodia into their original purpose. Looking at the Hun Sen's activities, speech and national institution interferences etc are possibly the effort of distorting Cambodia to moving into democratic trajectory especially to have their own strong state structure.
Those advisers are greatly achieving their mission to maintain Hun Sen in power for long lasting as he wishes. Election each time is just the soap opera to hide their original agenda, and to lie Cambodian people as well as international arena.
However, the trend is moving forward, and it is not all bad. Those 3 Vietnamese fields in work have hardship as well to turn Cambodia into Vietnam. But their subtle mechanism and lacking of political will of Cambodian leaders can allow Cambodia to shrink and disappear eventually.
Essentially, Vietnam is using their incorporative strategy to maintain their influence and to hide their original agenda from the world like that they are doing in Lao. Vietnam's "status quo" in Cambodia is very challenging to Cambodia in lay down our international relationship strategy.
1:17 AM
Wow! I must congratulate and applaud your arduous work in procuring these propagandistic details in an effort to propagandize your baseless and unfounded cause. We need the authenticity of documents that will circumstantiate these frivolous allegations. We thought you could do better; however, the people of Cambodia are repudiated listening to your frivolous allegations.
cambodia, welcome to the world community. congratulations to a good start to a good, good life!!!
next, i would like to see cambodia have a high speed train or skytrain or subway, etc... this will definitely create more jobs as well!
also, don't forget to invest a mega amusement park in cambodia as well, e.g., disneyland or something along that line. call cambodia a happy land from now on (sabay, sabay)!!
I've seen our they construct buildings in srok khmer. A 42 storey building? It will take 10 or more years.
2:54 AM
You must be another gorilla who just got released from the cage. Wake and smell your own shit.
That is right, 11:57, I am comparing the US to Khmer Beggars. Is there something wrong with that picture?
2:54am, i couldn't help but see your posting. why are you so pessimistic? there must be a reason why you feel this way, beside what you see and observed. i hope you are not a leader of cambodia because for a leader to feel this way is bad; you need to step down or something and let someone else who is capable of doing a good job an opportunity to lead cambodia.
No big deal, 8:45, because lot of project rarely finish on time anyway. 10 years is not unreasonable for such a project if we anticipate some of the unexpected problems that we could face with. Keep in mind that we never build anything that tall before in the area. So, no one can really be so sure.
Don't worry there won't be any hurricanes, tornadoes, or snow storms -- or terrorists -- that we impede or hinder our work to finish the building on time. Plus, we have one of the best workers in the world who will ensure that the project will complete on a timely manner. We won't let the economic or political rhetoric stand in our way.
Yes, and it is important to have positive and optimistic attitude for this project.
i want a piece of the sweet pie!
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