Wealth Mansion: Officially took over the flag of the Southeast Asian Games, Cambodia will enter the development of a new track

Sport has been closely related to the development of cities since its birth. Such as the Olympic Games, Asian Games, and international top events, as a city from the external and internal development of the force, It is not only the "blasting source" of the city's international influence diffusion but also the "booster" of a city's core competitiveness.

Like the 1984 Los Angeles Olympics, relying on the light of the Olympic Games to achieve the economic recovery of Los Angeles, Angeles has also experienced a brilliant, and once became the second largest city in the United States.

In The 2000 Sydney Olympics, in terms of input and return, The Sydney Olympic Committee invested $1.74 billion in hosting the Games, and in return, revenues of $2.43 billion were generated and profits of $765 million (RMB 3.5 billion) were made. This does not include follow-up travel, sightseeing, additional income, etc.

The 2008 Beijing Olympic Games, which let Beijing stand on the international stage, and also let China's international status rise, is beginning to play the international influence of a turning point.

The 2010 Guangzhou Asian Games, from 2005 to 2010 the preparation of the Asian games "east wind," Guangzhou accumulated into the city's key infrastructure construction funds amounted to 109 billion yuan, during this period, Guangzhou GDP average annual growth rate of 13.3%.

There is no doubt that the development of the great international sports boom is taking place on the world stage. Cambodia officially accepted the flag of the Southeast Asian Games at the closing ceremony of the 31st East Asia Games, becoming the host of the 2023 SEA Games and the ASEAN Paralympic Games.

Take the baton of the 31st Southeast Asian Games, and sprint for the 32nd Southeast For Cambodia, this is not only a large-scale international sports event but also a strength card to the world. At the same time, it is also an opportunity for the development of early cities, which will bring Cambodia a qualitative leap. First of all, in order to prepare for the international sports event, Cambodia invested a lot of money in the construction and renovation of infrastructure in Phnom Penh, the host city of the event. Including the new National Stadium, TV Tower, Kim West Highway, the construction and rehabilitation of at least 6 airports nationwide, Phnom Penh Third Ring Road, etc.

The gradual improvement of urban infrastructure will effectively improve the chaotic and crowded city appearance, enhance the image of the city, and enhance the city's soft power.  

Second, the 32nd Southeast Asian Games will have 10,000 participants, including more than 7,000 athletes, and more than 3,000 senior officials, sports organizations, and delegations. Not only that, but the big sports events will also bring a huge crowd of spectators and tourists.

The influx of a large number of people will bring strong spending power to stimulate economic expansion, when catering, hotels, accommodation, and other tourism-related industries will benefit the economy is bound to rise again.

Finally, from historical experience, large-scale international events will also drive the city's housing prices, and the increase is not small.

According to data, after the 2000 Sydney Olympic Games, the Olympic area land prices and prices rose three times. Beijing Asian Games in 1990, the price of 4000 yuan / m2 gradually climbed to 6000 yuan / m2 or so. After the 2010 Guangzhou Asian Games, the average price of an Asian city house rose from about 4000 yuan / m2 in 2004 to over 10000 yuan / m2 in 2010.

Taking advantage of the international events, Cambodia will inevitably bring a corresponding increase in international visibility, then, whether it is the introduction of foreign investment or tourist drainage, will present a positive incentive, real estate is bound to be hot again.

The main venue of the 32nd Southeast Asian Games in Cambodia is located here. With the blessing of sports business opportunities, coupled with the region's own strong development momentum, Shui Jinghua will climb a wave of the peak in 2023, and the property value is self-evident.

Under the age of dividends, only grasp the opportunity, can be harvested!