Kith Meng, Hun Xen's crony and owner of the Royal GroupCambodia to have 'Asian Riviera.'
Wednesday, 1st September 2010
Source : HVS Internmational
The Royal Group (TRG), a Cambodian corporation in property and infrastructure development, has unveiled a masterplan to develop Koh Rong into Asia's first environmental resort destination.
The plan, which aims to transform the island into the next ‘Asian Riviera’, will cover elements such as infrastructural development of an airport, a marina, a port and roads, as well as resorts, hotels, golf courses, shopping, restaurants, bars and entertainment venues.
TRG has been granted a 99-year lease for the development, which has a five-year schedule for the first phase and eventual completion in 25 years’ time.
The plan, which aims to transform the island into the next ‘Asian Riviera’, will cover elements such as infrastructural development of an airport, a marina, a port and roads, as well as resorts, hotels, golf courses, shopping, restaurants, bars and entertainment venues.
TRG has been granted a 99-year lease for the development, which has a five-year schedule for the first phase and eventual completion in 25 years’ time.
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