Monday, April 1, 2013

BBC News - The price of land development in Cambodia

BBC News - The price of land development in Cambodia: "For the first time in its history Phnom Penh's skyline is being pierced by modern high-rise towers, offering new office space and luxury apartments. Land prices are soaring, and developers are constantly seeking out new possibilities for construction.

One area they targeted was the city's largest lake, Boeng Kak. A company owned by a senator from the ruling Cambodian People's Party, Shukaku, was given a 99-year lease to drain and build on the lake in 2007."

'via Blog this'

No comments:

Post a Comment

 
Think local. Act global. Learn more about the Peace Corps