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

  • LPG gas explosion injures 13 people, including foreigners, in Siem Reap

    An explosion on Wednesday at a liquid petroleum gas (LPG) car and tuk-tuk refuelling station in Siem Reap city has left 13 people, including an American and a Briton, suffering burns. The seven most severely burned, including a provincial police officer, were sent to a Thai

  • Over 100 Chinese nationals to be deported for online scam

    The Ministry of Interior is planning to deport 128 Chinese nationals after they were arrested in Preah Sihanouk province on Wednesday for their alleged involvement in an online money extortion scam. Y Sokhy, the head of the Department of Counter-terrorism and Transnational Crime, told The Post

  • More than 800 people test positive for HIV in 2018

    The National Aids Authority (NAA) said more than 800 people tested positive for human immunodeficiency virus (HIV) last year, joining over 76,000 others aged between 15 and 49 in the Kingdom already infected with the virus. The spread of HIV/AIDS in the Kingdom is showing few signs of

  • Rainsy vow to return on Nov 9 dismissed as ‘political warfare’

    An announcement from the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) that its “acting president” Sam Rainsy would return to the Kingdom on November 9 was dismissed on Sunday as “political warfare”. The CNRP made the announcement on Friday after a permanent committee meeting chaired by