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$17M tourism project by Try Pheap Koh Tonsay Resorts in Kep province approved

The Council for the Development of Cambodia has approved a $17-million tourism development project in Kep province. Try Pheap Koh Tonsay Resorts Co Ltd, which has been developing a $130 million tourism resort project offshore Kep, received approval for the new project in the province. The CDC said the project, located in Kep City, Kep province, has an investment of $17 million and has the potential to create up to 105 jobs. This will contribute to the government’s master plan for developing Kep as a tourism destination in the country, said Governor of the province Som Piseth. Kep province has the potential for tourism development to serve the industry, he said, adding that the province has other potential islands ready for development as attractive tourism landscapes. “The new investment projects in the tourism sector will contribute to the government’s master plan for developing Kep province into a high-end, eco-tourism destination,” Piseth told Khmer Times. Rabbit Island Development Investment, owned by Try Pheap Group, is developing a $130 million multiple resort project in Koh Tonsay Island, four kilometres off Kep province. In September, the CDC approved a qualified investment project certificate for Samanea Co Lt to invest $18.5 million in tourism development projects on three islands in Kep province. The local authorities are building a tourism port on Tonsay Island to facilitate the travel of local residents and tourists. This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily

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