CAMKO City plans to accelerate construction of mid-rise and high-rise apartment buildings now that the rainy season is over and following what it called the “successful completion” of its townhouse and villa section in April. South Korean developer World City Co said in a press release Monday that the first phase, consisting of 1,009 residential units and retail shops, was “in progress as scheduled” but did not provide further details on how many apartment buildings it planned to build. Construction of the US$2 billion, 126-hectare satellite city, which will play host to a so-called Financial Development District and the Cambodia Securities Exchange, is scheduled to be fully completed in 2018.