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Home ASIA Cambodia

Royal Group granted 8,631 hectares of land in Koh Kong province for SEZ development in Cambodia

November 12, 2021
in Business, Cambodia, National
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Royal Group granted 8,631 hectares of land in Koh Kong province for SEZ development in Cambodia
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The Royal Group, a leading Cambodian conglomerate, has been granted 8,631 hectares of land in Botum Sakor district, Koh Kong province, to be developed into a  special economic development zone.

In a sub-decree dated September 15, the government reclassified 8,631 hectares of land in Botum Sakor National Park to e state owned private land and granted it to the Royal Group for establishing the special economic zone.

The land is located in Ta Noun commune, Botum Sakor district, Koh Kong province.

The Koh Kong Committee on State Land Management has been tasked to apply for registration of the reclassified land and hand it over to the Royal Group, read the sub-decree.

The Ministry of Environment is tasked to re-prepare the legal documents on managing land in the protected area in Botum Sakor district with collaboration with the Ministry of Economy and Finance, Ministry of Land Management, Urban Planning, and Construction, and Koh Kong Committee on State Land Management, the sub-decree went on.

Last year, the Royal Group received in principle notification from the Koh Kong administration, which agreed on the SEZ project on 100 sq km hectare in the Botum Sakor district.

The provincial administration noted that Royal Group expressed an interest in the province’s southern Botum Sakor district, potentially in Ta Noun and Thma Sar communes.

The Royal group is currently constructing mega 700mW coal fired power plant power project  in Botum Sakor district on 168 hectares of land leased from the government.

According to the Ministry of Mines and Energy, the construction of the power plant has been on schedule despite the Covid-19 pandemic disruptions.

Currently, Koh Kong  province, shares a border with Thailand’s Trat province, has one SEZ -Koh Kong Special Economic Zone owned by L.Y.P Group, located at Neang Kok village in Mondul Seima district’s Bak Khlang commune.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: development in CambodiaKoh KongRoyal GroupSEZ
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