PM Hun Sen announces connection of Phnom Penh to Areha Construction of Cambodia-Korea Friendship Bridge is expected to begin this year, which will boost land prices in the region again
With Prime Minister Hun Sen announced that the Cambodian-Korean Friendship Bridge, which welds Phnom Penh to Aresha Township of Gangla Province, is
The land material around the Cambodian and Korean Friendship Bridge has once again surged.
[Cambodian News] On the th of this month, Cambodian valuer and president of the Real Estate Agent Association, Xiao Xoning, said in an interview with media reporters that Prime Minister Hun Sen announced that welding the city of Phnom Penh to Areha Construction of the Cambodian-Korean Friendship Bridge is expected to start within the year, which will stimulate land prices in the region again.
Mr. Zhoning noted that land prices in the area had risen once after the Royal Government of Cambodia announced plans to build a welding Phnom Penh to Aresha cross-river bridge. Now that the Cambodian-Korean Friendship Bridge project has been finalized, this will bring land prices to rise again in the Aresha region.
He said that the current land prices in the Aresha township and the Kachin area ranged from to United States dollars / m2 depending on geographical location.
It should be mentioned that on January, Premier Hun Sen said that the South Korean government decided to help Cambodia to build a ′′ Cambodian-Korea Friendship Bridge ′′ across the Mekong River, a friendship linking Phnom Penh city to Aresha, Construction of the bridge is expected to start within the year.
