Logo of Phnom Penh Post newspaper Phnom Penh Post - Kampot awakens from slumber



Kampot awakens from slumber

Content image - Phnom Penh Post
An artisitc rendition of the proposed French Riviera Marina. PHOTO SUPPLIED

Kampot awakens from slumber

A hushed coastal town overshadowed by its more popular counterparts Sihanoukville and Kep, Kampot town is now drawing attention from investors and is slowly changing its face into a more active city with the planned building of houses and commercial centres.

In October, amidst doubts, a $23.2 billion investment project was given a rubber-stamp approval by Hing Thoraxy from the Council of Ministers and a senior researcher at the Cambodian Institute for Cooperation and Peace (CICP).

The project – dubbed the ‘French Riviera Marina’ – is designed to turn Kampot and neighbouring Kep province into city centres brimming with residential, commercial and tourism-focused projects.

The project, which is supposed to break ground this year according to official government documents, shows a 4.16-hectare multipurpose tourism resort and a 144-hectare marina that straddles the border between Kep and Kampot province financed by Pallas Brilliant Investment and Development Co Ltd – a company that claims to be developing resorts in Thailand and Vietnam as well.

Post Property was unable to get an update on the status of the project, with Chea Vuthy, deputy secretary-general of the Council for the Development of Cambodia, unable to shed light on its review of the proposed development. However, he was able to confirm that the project has not been given the official green light from the council. While it is uncertain when and how the French Riviera Marina project will come to fruition, smaller and more realistic developments are picking up.

Chan Chesda, Kampot’s governor, said on the phone this week that the government was encouraging residential developments in Kampot.

“If this project goes as planned, we very much appreciate it as this project is going to attract more tourists to this province; hence, I’m requesting all the private companies to join and build more hotels and guest houses,” he said.

Other property developers are also eyeing this southern tip of Cambodia for development, with Peung Serey, executive president of Cambodia Angkor Real Estate – who has divided a 4-hectare piece of land into plots for sale and has invested about $4 million in the Chung Kreal commune of Kampot province for the purpose of building luxury villas – saying the coastal province was primed for re-development.

Kampot is home to seven districts, including Teuk Chhou, Chum Kiri, Dong Tung and Kampong Trach, while Kampot town is home to about 70,000 people.

MOST VIEWED

  • NY sisters inspired by Khmer heritage

    Growing up in Brooklyn, New York, Cambodian-American sisters Edo and Eyen Chorm have always felt a deep affinity for their Cambodian heritage and roots. When the pair launched their own EdoEyen namesake jewellery brand in June, 2020, they leaned heavily into designs inspired by ancient Khmer

  • Schools drawn into Manet degree row

    Prime Minister Hun Sen stepped into the Hun Manet-Sam Rainsy war of words over the validity of Manet’s degree from the US Military Academy at West Point, set off by Rainsy’s claims that Manet had received a “second-class degree” or “honorary degree”. Hun

  • Cambodia records first Omicron community case

    The Ministry of Health on January 9 reported 30 new Covid-19 cases, 29 of which were imported and all were confirmed to be the Omicron variant. The ministry also reported 11 recoveries and no new deaths. Earlier on January 9, the ministry also announced that it had detected the Kingdom's

  • The effects of the USD interest rate hike on Cambodian economy

    Experts weigh in on the effect of a potential interest rate expansion by the US Federal Reserve on a highly dollarised Cambodia Anticipation of the US Federal Reserve’s interest rate hike in March is putting developing economies on edge, a recent blog post by

  • PM eyes Myanmar peace troika

    Prime Minister Hun Sen has suggested that ASEAN member states establish a tripartite committee or diplomatic troika consisting of representatives from Cambodia, Brunei and Indonesia that would be tasked with mediating a ceasefire in Myanmar. The premier also requested that Nippon Foundation chairman Yohei Sasakawa

  • Kampot tourism quay ‘90% done’

    Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track, reaching 90 per cent completion, according to a senior Ministry of Tourism official last week. The project is now planned to be finished