PHNOM PENH, May 7, 2013 (Yonhap) -- Booyoung Co., a mid-sized South Korean
conglomerate, said Tuesday that it broke ground for one of the largest
housing projects in Cambodia, a project Cambodia hopes to spur foreign
investments.
Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square kilometers of land in downtown Phnom Penh.
The planned buildings could accommodate 17,760 households in a landmark project, called "Booyoung town," the company said, without giving any further details on financial costs and a completion date of the project.
"I hope that the Booyoung project will succeed and become a landmark in Phnom Penh," Booyoung Chairman Lee Joong-keun said in a ceremony that drew some 2,000 people, including Cambodian officials.
He also expressed hope that the project could serve as an exemplary case of foreign investment in the Southeast Asian country.
Im Chhun Lim, Cambodia's minister of land management, urban planning and construction, also said at the ceremony that the Booyoung project could become a catalyst in attracting foreign investment.
Booyoung said it will build 40 apartments and seven residential and commercial complexes on 2.7 square kilometers of land in downtown Phnom Penh.
The planned buildings could accommodate 17,760 households in a landmark project, called "Booyoung town," the company said, without giving any further details on financial costs and a completion date of the project.
"I hope that the Booyoung project will succeed and become a landmark in Phnom Penh," Booyoung Chairman Lee Joong-keun said in a ceremony that drew some 2,000 people, including Cambodian officials.
He also expressed hope that the project could serve as an exemplary case of foreign investment in the Southeast Asian country.
Im Chhun Lim, Cambodia's minister of land management, urban planning and construction, also said at the ceremony that the Booyoung project could become a catalyst in attracting foreign investment.
In terms of the cumulative foreign direct investments approved in the period of around 18 years ending at September 2011, the largest amount of US$8.9 billion came from China. The second biggest foreign direct investment provider is South Korea with $4 billion, according to data posted on the Web site of the Council for the Development of Cambodia.
Booyoung is South Korea's 29th-largest conglomerate with combined assets of 14.1 trillion won ($12.9 billion)
entropy@yna.co.kr
(END)
ក្រុមហ៊ុនពីប្រទេសកូរ៉េឈ្មោះ ប៊ូយ៉ុងហ្គ្រុប (Booyoung
Group) នាព្រឹកថ្ងៃទី០៧ ឧសភា នេះ បានចាប់ផ្ដើមបើកការដ្ឋាន
សាងសង់អគារពាណិជ្ជកម្ម និង លំនៅដ្ឋានទំនើប
រួមទាំងមជ្ឈមណ្ឌលកំសាន្តផង មានតម្លៃ១.១១៣លានដុល្លារ លើផ្ទៃដី២៣
ហិកតា នៅក្នុងសង្កាត់ទឹកថ្លា ខណ្ឌ សែនសុខ រាជធានីភ្នំពេញ ។
លោក អ៊ឹម ឈុនលឹម ក្នុងពិធីបើក ការដ្ឋាន កាលពីព្រឹកមិញ
ពិធីបើកការដ្ឋាននេះ ត្រូវបានចូលរួមជាអធិបតីដោយលោក អ៊ឹម ឈុនលឹម រដ្ឋមន្ត្រីក្រសួង ដែនដី នគររូបនីយកម្ម និង សំណង់ ៕
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