CAMKO City has already accommodated 73 families at its first phase of the satellite city on the outskirts of Phnom Penh, an employee said Tuesday. Kheng Ser, assistant to contractor World City Co Ltd Vice President Duk-kon Kim, said 85 percent of phase one had been sold, adding that the downturn had not negatively affected sales. World City had built and sold 164 townhouses and 18 villas, he added. South Korea’s Shinhan Bank, which also operates local subsidiary Shinhan Khmer Bank, has backed the project with US$2 billion.