Logo of Phnom Penh Post newspaper Phnom Penh Post - Snake Island plans back to the drawing board




Snake Island plans back to the drawing board

A one-kilometre bridge connects mainland Cambodia with the island of Koh Pas, site of a high-end resort project.
A one-kilometre bridge connects mainland Cambodia with the island of Koh Pas, site of a high-end resort project. Heng Chivoan

Snake Island plans back to the drawing board

A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for government approval, will raise the project budget from $276 million to $1billion.

Keam Kolnead, chief public relations officer of Koh Puos (Cambodia) Investment Group, told the Post in a phone interview that the villa, hotel and office projects on the island have been redrawn to adapt to the current situation. Villas were not selling well due to their large size and nearly $1 million asking price, he said.

“Now the company is altering the project blueprints before seeking permission for construction from the Council of the Development of Cambodia [CDC] again,” Kolnead said. “Reapplying for permission will happen in 2014 and the revised project will have a budget of $1 billion.”

A model of the planned development at Koh Pos.
A model of the planned development at Koh Pos. Heng Chivoan

The company submitted its first application for the project to the CDC in 2006, when it was planning on investing $276 million in converting the 116-hectare island into a luxury residential and resort complex.

Kolnead said the company had already invested $100 million in building a 1-kilometre bridge to the island as well as other infrastructure on the island itself, including an unfinished 5-kilometre road circling the island.

Noun Rithy, general manager of Bunna Realty Group, said that it appeared that progress on the Koh Pos project was slow. Bunna Realty’s contract to sell residential properties on the island had already expired, he said.

Ho Vandy, co-chairman of the government’s Private Sector Tourism Working Group, said that the government had provided many similar island concessions to other companies. It was understood that companies with concessions would use their developments to attract domestic and international tourists, maintain an existing national resource and provide jobs and income for local people, he said.

MOST VIEWED

  • Body of woman killed in Bangkok returns

    The Cambodian embassy in Thailand is working to repatriate the body of a casino dealer who was shot dead in Bangkok on Monday night. Ministry of Foreign Affairs and International Cooperation spokesman Kuy Kuong told The Post on Wednesday that officials are preparing paperwork to

  • Chikungunya hits 15 provinces, says gov’t

    Ministry of Health spokeswoman Or Vandine said on Thursday that the chikungunya outbreak in the Kingdom has spread to 15 provinces. Some 1,700 people are now suspected to have the disease. Vandine urged people to prevent its further spread by eliminating shelters for the Aedes aegypti mosquitoes

  • Gov’t exempts visa A and B holders from Covid fees

    Airline passengers who are diplomats and officials of international organisations holding Type A and B visas for travel to Cambodia are exempted from paying Covid-19 testing fees, said the Ministry of Health in its latest adjustment of rules on Wednesday. Health Minister Mam Bun Heng

  • Bill covering dress code draws ire

    Ministry of Interior secretary of state Ouk Kim Lek responded on Tuesday to criticism concerning a draft law that would ban women from wearing overly revealing clothing, saying that input from all parties will be considered as the law moves through the promulgation process. Several

  • What’s the deal with Cambodia and China’s FTA?

    Cambodia’s Free Trade Agreement (FTA) with China kicks off a series of FTAs in future but for now, critics wonder what else the parties could bring to the table apart from what it already has to date By the end of this year, Cambodia

  • Cambodia, Vietnam exchange border maps amid criticism

    Cambodia and Vietnam formally exchanged border maps on Monday despite criticism from former members of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) that the Kingdom is losing land in the deal. The two countries said agreement on the border is 84 per cent complete, leaving