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French company to invest 250million dollars to develop Ream
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Topic: French company to invest 250million dollars to develop Ream (Read 214 times)
Casper
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French company to invest 250million dollars to develop Ream
«
on:
June 16, 2008, 11:33:12 AM »
A French-financed company will invest $250 million to develop the Ream area in Cambodia’s port city of Sihanoukville into a resort, according to Ieng Sophallet, assistant to Prime Minister Hun Sen, Friday.
Alain Dupuis, French citizen and director of the Ream Resort Development Company, met with Hun Sen Thursday to find support from the government for his project, he added. Khmer-language newspaper the Rsamei Kampuchea Friday quoted Alain as telling the premier that his company will construct five-star hotels, other accommodation facilities, golf course, leisure places along the beach and motor-boat sporting project for tourists in the Ream region.
The premier welcomed the investment and requested the company to work with the Council for Development of Cambodia to achieve success, it added. Construction of the project will start in late 2008 and be finished in 2010. Sihanoukville is Cambodia’s major sight-seeing destination. Sandy beach and clean sea used to attract tens of thousands of travelers annually. (Xinhua)
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Casper
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Posts: 424
Re: French company to invest 250million dollars to develop Ream
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Reply #1 on:
June 16, 2008, 11:35:25 AM »
Actually had my first run up to Ream National Park about a week ago, I was pretty impressed.
It was a miserable day, raining of course, and yes you do have to pass by a couple of unsightly 'quarries' to get to the 'beach', but once you do I'd say the shallow bay and long stretch of beach is worth the effort.
Great potential.
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