The Kep Revival
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Re: The Kep Revival
Try Pheap holds 50 years investment right on Koh Tonsay
Posted By CEN
September 23, 2021
The future Koh Tonsay ?
Cambodia News, Kep : Sources said that Try Pheap Company has received the right to invest in Koh Tonsay from the Royal Government on an area of more than 144 hectares for 50 years to develop the island into a more attractive natural tourist destination in the future.
Lay Tharoth, a representative of Try Pheap Koh Tonsay Resort, said the company had registered with the Council for the Development of Cambodia and planned to invest more than $ 130 million in Koh Tonsay. The company aims to develop Koh Tonsay into a new satellite city that attracts more tourists in line with government policy.
"We are developing in accordance with the Royal Government's regulations and we are implementing the principle of maintaining forest cover to more than 60% and planning to build five-star hotels, bungalows, tourist villages and resorts," he said. In addition to the investment project on Koh Tonsay, the company is also planning to build a five-star hotel in Kep called Try Palace Hotel.
For the present, Koh Tonsay is an undeveloped island of natural beauty
It should be noted that in 2009, the Royal Government granted the rights to two investment companies on Koh Tonsay, but in 2018, the Royal Government also decided to withdraw the investment rights on the grounds that these companies did not develop at all, giving Try Pheap Koh Tonsay Resort all the rights to development over the next 50 years.
Posted By CEN
September 23, 2021
The future Koh Tonsay ?
Cambodia News, Kep : Sources said that Try Pheap Company has received the right to invest in Koh Tonsay from the Royal Government on an area of more than 144 hectares for 50 years to develop the island into a more attractive natural tourist destination in the future.
Lay Tharoth, a representative of Try Pheap Koh Tonsay Resort, said the company had registered with the Council for the Development of Cambodia and planned to invest more than $ 130 million in Koh Tonsay. The company aims to develop Koh Tonsay into a new satellite city that attracts more tourists in line with government policy.
"We are developing in accordance with the Royal Government's regulations and we are implementing the principle of maintaining forest cover to more than 60% and planning to build five-star hotels, bungalows, tourist villages and resorts," he said. In addition to the investment project on Koh Tonsay, the company is also planning to build a five-star hotel in Kep called Try Palace Hotel.
For the present, Koh Tonsay is an undeveloped island of natural beauty
It should be noted that in 2009, the Royal Government granted the rights to two investment companies on Koh Tonsay, but in 2018, the Royal Government also decided to withdraw the investment rights on the grounds that these companies did not develop at all, giving Try Pheap Koh Tonsay Resort all the rights to development over the next 50 years.
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Re: The Kep Revival
That top photo certainly looks like a more attractive natural tourist attraction
I'm standing up, so I must be straight.
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
What's a poor man do when the blues keep following him around.(Smoking Dynamite)
Re: The Kep Revival
eco-tourism I am sure has that of a different meaning here in Cambodia. High end 5 star hotels and a new city in the planning. The city will target retirees to buy high end apartments, I actually thought that there would be little change to Kep, keeping the place to it's natural beauty and that of a laid back mostly untouched area, I think pouring cubics of concrete does nothing to the natural environment. On the whole even the start of building will have an impact on the delicate balance of surroundings. When completed I hope they get the people who they are aiming to be the residents and visitors too what is aimed at an expensive high end market. And the only way to achieve its goal is too make it what they preposed, that of a place of eco-tourism.
Always "hope" but never "expect".
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Re: The Kep Revival
Ground breaks on project over most of Koh Tonsay
Hin Pisei | Publication date 27 September 2021 | 21:05 ICT
Try Pheap Koh Tunsay Resorts Co Ltd’s 144ha development on Koh Tonsay island broke ground on September 27, accompanied by a Krong Peali Buddhist blessing ceremony.
The 184ha island, also known as Rabbit Island, is about 4.5km southeast from Kep town and renowned for its pristine white sand beaches, coral reef and vibrant marine life.
Kep deputy provincial governor Vao Sokha, who led a team to inspect the site last week, affirmed that the government in 2019 gave Try Pheap the right to invest in the development for 50 years. The total registered capital for the project is $130 million, he said citing company representatives.
However the company has yet to provide a timeframe for construction, he pointed out.
The company has pledged to maintain 60 per cent forest cover on the island, as per government goals, Sokha said.
The official noted that a provincial technical team was nearly done with the impact resolution process involving potentially-affected villagers.
Electricity and water supply systems still need to be developed for the island, he said, noting that the government gave the nod to two firms back in 2009 to do just that, but stripped them of their licences in 2018 for inactivity.
The Council for the Development of Cambodia reported that the project comprises 568 five-star hotel rooms, 160 bungalows, facilities for motorboating, maritime entertainment venues and tourism ports.
A company representative told local media last week that the development would prop up the provincial tourism sector, touting the project as a new satellite city.
Full article: https://www.phnompenhpost.com/business/ ... koh-tonsay
Hin Pisei | Publication date 27 September 2021 | 21:05 ICT
Try Pheap Koh Tunsay Resorts Co Ltd’s 144ha development on Koh Tonsay island broke ground on September 27, accompanied by a Krong Peali Buddhist blessing ceremony.
The 184ha island, also known as Rabbit Island, is about 4.5km southeast from Kep town and renowned for its pristine white sand beaches, coral reef and vibrant marine life.
Kep deputy provincial governor Vao Sokha, who led a team to inspect the site last week, affirmed that the government in 2019 gave Try Pheap the right to invest in the development for 50 years. The total registered capital for the project is $130 million, he said citing company representatives.
However the company has yet to provide a timeframe for construction, he pointed out.
The company has pledged to maintain 60 per cent forest cover on the island, as per government goals, Sokha said.
The official noted that a provincial technical team was nearly done with the impact resolution process involving potentially-affected villagers.
Electricity and water supply systems still need to be developed for the island, he said, noting that the government gave the nod to two firms back in 2009 to do just that, but stripped them of their licences in 2018 for inactivity.
The Council for the Development of Cambodia reported that the project comprises 568 five-star hotel rooms, 160 bungalows, facilities for motorboating, maritime entertainment venues and tourism ports.
A company representative told local media last week that the development would prop up the provincial tourism sector, touting the project as a new satellite city.
Full article: https://www.phnompenhpost.com/business/ ... koh-tonsay
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Re: The Kep Revival
Related to all new and past construction work. The power for these buildings!
Could China’s coal call clean Cambodia?
China stunned the world on Wednesday with its announcement to stop building coal plants in other countries. “China will not build new coal-fired power projects abroad … and will step up support for other developing countries in developing green and low-carbon energy,” President Xi Jinping told assembled world leaders at the UN in New York.
To put it in context, 2016 was a period of low global coal prices, the year EDCs average cost to buy electricity was 9.5c/kWh. Now, EDC can buy solar for less than half that, with prices for solar and wind between 3.88c/kWh to 6.8c/kWh.
https://www.phnompenhpost.com/opinion/c ... n-cambodia
Solar in context I would think takes up quite a bit of land space, so to do the eco way, how many trees will be lost to make way for the solar fields?
Could China’s coal call clean Cambodia?
China stunned the world on Wednesday with its announcement to stop building coal plants in other countries. “China will not build new coal-fired power projects abroad … and will step up support for other developing countries in developing green and low-carbon energy,” President Xi Jinping told assembled world leaders at the UN in New York.
To put it in context, 2016 was a period of low global coal prices, the year EDCs average cost to buy electricity was 9.5c/kWh. Now, EDC can buy solar for less than half that, with prices for solar and wind between 3.88c/kWh to 6.8c/kWh.
https://www.phnompenhpost.com/opinion/c ... n-cambodia
Solar in context I would think takes up quite a bit of land space, so to do the eco way, how many trees will be lost to make way for the solar fields?
Always "hope" but never "expect".
Re: The Kep Revival
plenty of trees have been felled, that is for sure. For what reason there's so many answers, for one here with this construction project, they aim is to keep 60%. Then there is illegal logging, squatters too on the forest land, but they clear the land so they can farm, even with the land not legally theirs. Later the farmers may sell that land, but legally not theirs to sell. Of course there will be onwards of new projects and new roads. All in all it will effect the trees. Lets not forget the large revenue for carbon credits that also will be on the line of loss in time to come.
Always "hope" but never "expect".
Re: The Kep Revival
Yes it may be more profitable to plant a tree eventually!AndyKK wrote: ↑Fri Oct 01, 2021 8:19 pmplenty of trees have been felled, that is for sure. For what reason there's so many answers, for one here with this construction project, they aim is to keep 60%. Then there is illegal logging, squatters too on the forest land, but they clear the land so they can farm, even with the land not legally theirs. Later the farmers may sell that land, but legally not theirs to sell. Of course there will be onwards of new projects and new roads. All in all it will effect the trees. Lets not forget the large revenue for carbon credits that also will be on the line of loss in time to come.
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Re: The Kep Revival
Trees don't flourish so well in concrete.Yobbo wrote: ↑Fri Oct 01, 2021 8:48 pmYes it may be more profitable to plant a tree eventually!AndyKK wrote: ↑Fri Oct 01, 2021 8:19 pmplenty of trees have been felled, that is for sure. For what reason there's so many answers, for one here with this construction project, they aim is to keep 60%. Then there is illegal logging, squatters too on the forest land, but they clear the land so they can farm, even with the land not legally theirs. Later the farmers may sell that land, but legally not theirs to sell. Of course there will be onwards of new projects and new roads. All in all it will effect the trees. Lets not forget the large revenue for carbon credits that also will be on the line of loss in time to come.
Silence, exile, and cunning.
Re: The Kep Revival
Yes though they do in commerce my LordJohn Bingham wrote: ↑Sat Oct 02, 2021 1:07 amTrees don't flourish so well in concrete.Yobbo wrote: ↑Fri Oct 01, 2021 8:48 pmYes it may be more profitable to plant a tree eventually!AndyKK wrote: ↑Fri Oct 01, 2021 8:19 pmplenty of trees have been felled, that is for sure. For what reason there's so many answers, for one here with this construction project, they aim is to keep 60%. Then there is illegal logging, squatters too on the forest land, but they clear the land so they can farm, even with the land not legally theirs. Later the farmers may sell that land, but legally not theirs to sell. Of course there will be onwards of new projects and new roads. All in all it will effect the trees. Lets not forget the large revenue for carbon credits that also will be on the line of loss in time to come.
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