Travel Daily News International
Cambodia’s most dynamic and diversified business conglomerate The Royal Group has unveiled its vision to create Asia's ‘first environmentally planned resort island’ pioneering high-end international tourism on the country’s idyllic coastline. With interests ranging from telecommunications and IT to banking, international schools, media and entertainment, hotels and resorts, property and infrastructure development, The Royal Group has been at the heart of Cambodia’s economic development for almost two decades. Now the corporation led by visionary tycoon Neak Oknha Kith Meng, is setting its sights on transforming the country’s tourism industry, which until now has almost exclusively depended on the attraction of world famous Angkor Wat. The vision is to develop the pristine island of Koh Rong, 30 minutes by boat from the coastal city of Sihanoukville, into an ecologically sustainable resort paradise rivaling and beating established, iconic Asian tourism destinations like Phuket, Koh Samui and Bali.
The Cambodian government has granted The Royal Group a 99-year lease on the 78 sq km (30 sq mile) island to advance the plan. Now international investors and partners are being sought to contribute to the development of the island including luxury resorts and residential infrastructure, such as transportation - the development of the island’s international airport, and leisure projects such as golf courses and a marina.
1 comment:
Great to see that an eco resort is planned for development. Can't wait to see how it turns out!
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