More than 1,000 Unfinished Buildings in Sihanoukville

• 15 July 2022
• Local News
• 2565 Views

Long Dimanche, Deputy Governor of Sihanoukville Province, said on 14 July that the departure of Chinese investors due to the closure of online games and the COVID-19 crisis over the past three years has left unfinished constructions scattered in Sihanoukville.

“At the meeting that day, we observed that new investors who want to invest, such as real estate companies from Singapore. They took notes for consideration for solving problems on a case-by-case basis and authorities collected all issues for consideration,” he said.

The unfinished building problems affect the beauty of Sihanoukville, especially affecting the safety of buildings that are dangerous in the future, as well as affecting the economic and social situation, he said.

A meeting between the private sector and stakeholders in the Sihanoukville Real Estate Rehabilitation Plan was held in early July to gather input for the government, provincial authorities, and the private sector to work together to resolve the crisis which affects the economy and society.

“I firmly believe that as long as there are direct discussions and mutual concessions, the problem will be solved with a win-win result,” said Long Dimanche.

Unfinished buildings account for about 70% – 80% of the total 1,155 projects in Sihanoukville. Relevant parties are seeking solutions to more than unfinished 1,000 buildings in Sihanoukville

 

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