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

  • Research key to Kanitha’s rep for expertise

    Sok Kanitha is used to weighing in on controversial issues using a confident approach that signals expertise and authority, and a recent video she made was no exception. Her “Episode 342: The History of NATO” video went live on January 16, 2023 and immediately shot to 30,000 likes and 3,500

  • Cambodia maintains 'Kun Khmer' stance despite Thailand’s boycott threat

    Cambodia has taken the position that it will use the term "Kun Khmer" to refer to the sport of kickboxing at the upcoming Southeast Asian (SEA) Games, and has removed the term Muay from all references to the sport. Despite strong reactions from the Thai

  • Knockout! Kun Khmer replaces ‘Muay’ for Phnom Penh Games

    Cambodia has decided to officially remove the word Muay from the programme of the 32nd Southeast Asian (SEA) Games 2023 in May. “Kun Khmer” will instead be used to represent the Southeast Asian sport of kickboxing, in accordance with the wishes of the Cambodian people. Vath

  • Artificial insemination takes herd from 7 to 700

    Some farms breed local cows or even import bulls from a broad for the purpose of breeding heavier livestock for meat production. One Tbong Khnum farmer has found a more efficient way. Hout Leang employs artificial insemination to fertilise local cows. Thanks to imported “straws”

  • New int’l airport nearly half complete as travel industry returns to life

    Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. The figure

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,