The South Korean ambassador to Cambodia recently revealed while attending the groundbreaking ceremony of the Highway 48 upgrade project, The South Korean government has agreed to assist Cambodia in the construction of a bridge across the river that will connect the Chroy Chungvar district of Suy Trung district in Kandal province with construction to begin in 2022.
It is said that regional development, traffic first. At present, four bridges in Chroy Chungvar District have been put into use. They are China-Cambodia Friendship Bridge, Japan-Cambodian Friendship, Chroy Chungvar Bridge, and Li young phat Bridge. The Cambodian government also plans to build a foreign people from the Royal Palace Street Department through the water Chroy Chungvar, and Phnom Penh’s "heart" directly connected to the bridge.
Relying on convenient transportation, 5 minutes to reach the center of Phnom Penh, the economy is smooth, and the water has become an extension of the CBD.
The successful construction of the bridge will speed up the connection between Chroy Chungvar District and Arey Ksat District, which will lead to the economic development of the two places. By then, the traffic in Chroy Chungvar District will be more convenient, and the continuous improvement of the regional traffic network will drive the regional value to take off again.
The bridge connecting Phnom Penh to Arey Ksat District, Kandal Province (rendering) Previously, according to the Phnom Penh Municipal Government issued the city master plan, the future will be Arey Ksat District under the jurisdiction of Phnom Penh, This sub-district across the river from Phnom Penh City is turned into a satellite town with large shopping malls, modern residences, office buildings, and leisure and entertainment.
However, due to the special geographical location of Arey Ksat District, a bridge must be built to connect with the capital Phnom Penh. Therefore, the Government decided to build two cross-river bridges in the north and south of the Aretha district, namely, in addition to the Cambodia-Korea Friendship Bridge, there is also a cross-river bridge from Highway 1 "Godedagui" to the " Arey Ksat " area.
The proposal of the Cambodian-Korea Friendship Bridge has brought the Aretha region into public view. In fact, the area is at the forefront of the east bank of the Mekong River and closest to the capital. Once the infrastructure of the bridge is started, it is bound to be linked with Chroy Chungvar, Diamond Island, and Tie Qiaotou. Phnom Penh's "Riverfront Economic Circle" will inevitably be born with the tide!
Four dividends together are the real value of the Bay Area flashpoint, Chroy Chungvar District will take advantage of the positive rapid development, and investment potential is self-evident.
Chroy Chungvar District is a key area in Phnom Penh's urban development plan, The Government of Cambodia attaches great importance to the development of the Water Purification Zone, and has formulated a clear strategy for this purpose. It has invested a large amount of human and financial resources in the area to improve the infrastructure planning and regional development planning in order to promote sustainable development in this area.
Today, Chroy Chungvar District is accelerating the rise, the first half of the "duck's mouth" area is known as Phnom Penh "Lujiazui," Government agencies, high-end housing, large commercial and medical schools have gathered together, and the land price of Chroy Chungvar District is still rising. Because of its strategic location and great potential for real estate development, the district has attracted many projects to settle in one after another.
The Youth Business Center Resort is already in operation, the Norton University (ranked second only to the Royal University of Phnom Penh) opened its new academic building, the China-aided Cambodia Stadium project officially opened, and the new airport is under construction.
It is not difficult to see that Chroy Chungvar District is a key area for future investors. With the construction of the new Phnom Penh International Airport and the National Stadium, this area is bound to transform into a more popular and dynamic value area. As the first high-end service apartment for diplomats in Phnom Penh, It is located at the confluence of Tonle Sap River, Mekong River, and Baise River.
At the same time, the project is equipped with luxury standard decoration, the introduction of the international five-star service apartment operator Shama Shama operation, hosting charter save worry and effort, the annual return of 7% fixed income, and great investment prospects.2022 will be an urgent asset protection year, as a smart investor should start early, choose promising projects, and enjoy wealth appreciation.
PHNOM PENH, CAMBODIAENJOY FIVE-STAR HOTEL SERVICE IN WEALTH MANSION
Wealth Mansion, the Department of Cambodia Wankang International Investment and Development Co., Ltd. Phnom Penh to create a first-line Riverview mansion.The project site is located on the east bank of the Tonle Sap River, with out-of-print Jiangwan level ecological resources of Mekong, Baise River, and the three rivers crossing the river.Wells Residence is located in the "Phnom Penh Lujiazui," said the Shui Jinghua District, close to the new City Hall, the Asian Games Club, forward-looking urban planning, and high-standard municipal support. In terms of transportation, Wealth Mansion is only 3 kilometers away from attractions such as the Royal Palace of Phnom Penh and Independence Monument, and only 2 kilometers away from the Municipal Section, the Canadia Bank Financial Section, and the Prime Minister's Office. Water, land, and rail transportation can reach every corner of the city.
The Wealth Mansion project has a total height of 166 meters and a height of 45 floors. It is currently the highest approved building in the region. The total construction area of the project is about 140,000 square meters.