Logo of Phnom Penh Post newspaper Phnom Penh Post - Firm behind Kirirom resort gets new funding

Firm behind Kirirom resort gets new funding

Content image - Phnom Penh Post
The restaurant area of the vKirirom Pine Resort in the Kirirom National Park in Kampong Speu province. Photo: vKirirom.com

Firm behind Kirirom resort gets new funding

Japanese development firm A2A Town Cambodia, which operates the vKirirom Pine Resort in the Kirirom National Park in Kampong Speu province, has successfully secured $5.3 million in fresh investment through the third party allocation of new shares, according to a release yesterday in the Japan Times.

According to the release, the investment will be used to greater develop the company’s Kiririom Institute of Technology (KIT), the resort’s leisure facilities and strengthen the firms operating structure and marketing plan.

A2A Town Cambodia was granted a nearly 10,000-hectare economic land concession from the government in the Kirirom National Park in 2012, and has a $340 million plan that over 20 years aims to develop numerous hotels, a shopping mall and The vKirirom Nature City.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Ministry mulls ASEAN+3 travel bubble

    The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The Post on

  • Kingdom accepts Chinese vaccine, PM first to get jab

    Prime Minister Hun Sen said China would offer Cambodia an immediate donation of one million doses of the Covid-19 vaccine produced by the Sinopharm company. In an audio message addressing the public on the night of January 15, he said Cambodia has accepted the offer and

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • Quarantine site in north Phnom Penh inaugurated

    A four-building quarantine centre in Phnom Penh’s Prek Pnov district was formally inaugurated on January 6. The centre can house up to 500 people, according to Phnom Penh municipal governor Khuong Sreng. At the inauguration ceremony, Sreng said the municipal hall had cooperated with the Ministry

  • ‘Beware of WhatsApp fraudsters’

    The Ministry of Posts and Telecommunications warned members of the public who use WhatsApp to vigilantly guard against a new trick employed by hackers that involves the use of six-digit codes sent to potential victims via the popular messaging app. The ministry said hackers could