New US$2-million Tourism Port in Kep to Begin Construction in Mid-September

Construction on the new tourism port in Kep known as Se Sar or White Horse port will begin on 15 September, under the private investment of over US$1.9million.

According to the press release of the provincial administration issued on Wednesday 1 September, the project will take two years to be completed, scheduled for 2023.

After completion, private investors can earn revenue by collecting parking fees for 15 years plus a 15-year extension right. The firm must also pay an 11 million riels fee per year to the provincial administration, which is also subjected to an increase of 5% every 5 years.

At the end of the contract, the investors must unconditionally hand over the port and all constructions to the government as state property.

Kep Governor Som Piseth said that the port is a new target for the development of tourism in the western side of Kep province, connecting to a new beach in two communes of Prey Thom and O’Krasar in the province.

(Read more)

 

- Video Advertisement -

Related Post

Cambodia Set to Invest Nearly USD1 Billion in Sihanoukville’s Development as a Regional Logistics Hub

In a significant step towards enhancing its economic infrastructure, the Cambodian government has unveiled plans to invest nearly $1 billion in the development of Sihanoukville into a major regional logistics hub by 2029. This ambitious investment will unfold in three key phases. The first phase, focusing on the expansion of Sihanoukville Port, is already underway, […]

China Considering Open Agro-Industrial Zone in Cambodia for Raw Materials Production

In a significant development for Cambodia’s industrial landscape, the Ministry of Foreign Affairs of Jiangsu Province, People’s Republic of China, has expressed its willingness to explore the establishment of an agro-industrial zone aimed at producing raw materials. This initiative comes at the request of Cambodian officials to facilitate the production of semi-finished products for both […]

Cambodia Welcomes 12 New Investment Projects, Boosting Economy and Job Creation

In an exciting development for Cambodia’s economy, the Council for the Development of Cambodia has approved 12 new investment projects along with an additional production initiative, totalling an impressive capital investment of over USD 104 million. This landmark meeting took place on March 25, 2025, under the leadership of His Excellency Chea Vuthy, Secretary-General of […]

Panasonic Plans New Factory in Cambodia Amidst Strong Regional Presence

In a significant move, Panasonic Cambodia has announced its intention to establish a manufacturing facility in Cambodia, as part of its ongoing expansion in Southeast Asia. Currently, the renowned Japanese electronics manufacturer operates 19 factories across Thailand and Vietnam, with 15 located in Thailand and 4 in Vietnam. This announcement was made during a productive […]

Prime Minister Hun Manet Advocates for Preservation of Ecotourism Areas

In a fervent address at the opening ceremony of the 9th River Festival, Cambodian Prime Minister Hun Sen emphasized the importance of protecting the nation’s ecotourism areas from high-rise developments and intrusive residential projects. The Prime Minister urged local authorities to meticulously scrutinize any proposed developments from the private sector that could compromise the integrity […]

29 Community Water Stations Inaugurated in Banteay Meanchey Province

In a significant step towards improving access to clean water, 29 community water stations funded by World Vision Cambodia were officially inaugurated today. The ceremony was presided over by H.E. Chhay Rithsen, Minister of Rural Development, alongside other distinguished officials. H.E. Um Ratay, Governor of the Banteay Meanchey Provincial Governor’s Office, announced that these new […]