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

  • Chinese influx pushing locals, Westerners out of Preah Sihanouk

    Some within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment

  • ‘Dire consequences’ from sanctions, warns AmCham

    American businesspeople in Cambodia have warned that any sanction against the Kingdom would have “dire consequences” that could push Cambodia even further into the arms of China. In a letter to US senators and representatives dated Monday, the American Chamber of Commerce Cambodia (AmCham) said

  • Preah Sihanouk beach developments halted

    After receiving an order from Hun Sen, Minister of Land Management Chea Sophara led a team of experts and relevant officials to Sihanoukville to call a halt to the illegal development of a beach. The prime minister ordered the Prek Treng beach in Otres commune

  • CPP: ‘Behave or Sokha suffers’

    The ruling Cambodian People’s Party (CPP) spokesman warned Kem Monovithya on Thursday that her attempt to damage “national reputation and prestige” would lead to her father, Kem Sokha, receiving even harsher punishment. Sok Eysan issued the warning as Monovithya, who is the court dissolved