Cambodia’s Government Backs Casino Resort For World Heritage Site

A Korean development firm has secured official approval for plans to build a $470m integrated resort in Siem Reap, Cambodia, just 20km from the UN World Heritage-protected Angkor Wat temple complex that attracts over a million foreign tourists annually. The news comes as the Cambodian government continues to develop a formal regulatory structure for its highly-coveted casino sector.Korean real estate developers Intercity Group received an official investment certificate for the Angkor Park resort project from the state-controlled Cambodia Development Corporation (CDC) last October.

To continue reading

Take a Trial