Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Ministry still mulling plans for exchange

Ministry still mulling plans for exchange

Architectural plans for the building to house Cambodia's first stock exchange will be finalised before the end of the month, a Ministry of Economy and Finance official said Thursday.

But Mey Vann, director of the ministry's industrial financial department, said it was unlikely the building would be completed before the stock exchange was launched.

"We will be looking for a temporary place to open the stock exchange, but we don't know yet when it will officially open," he said. "We know it cannot be launched on September 9, but we don't have another date yet."

Initial designs for the building, which will be located in the Phnom Penh satellite development of Camko City, were sent back for modifications in July for not being Khmer enough.

Duk-kon Kim, vice president of World City Co, the South Korean company building Camko City, declined to comment Thursday. He earlier said it would take eight months to complete the US$6 million project and a further three months to test electronic equipment on-site before the building could open.

0

Comments

Please, login or register to post a comment

Latest Video

Senate passes amendments allowing seat redistribution

Following last week's events, when Prime Minister Hun Sen proposed redistributing the Cambodia National Rescue Party’s National Assembly seats among minor opposition parties, the controversial amendments were passed a

Life with the indigenous communities of Mondulkiri

The Indigenous People's Lodge in the lush highlands of Mondulkiri, one of the Kingdom's most sparsely populated provinces, offers of a taste of traditional life.

Watch our video to find out more.