1 July 2014
Realco
Cambodia Ltd., a U.S.-owned company, plans to invest $7 million to build a
market at the Phnom Din checkpoint on the border with Vietnam in Takeo province’s
Kirivong district.
Realco
Cambodia reached an agreement with the chamber on Thursday to develop the
market on a 7-hectare site that will house trading and storage facilities for
Cambodian and Vietnamese vendors. Construction is expected to begin in five or
six months, but no details were available on an opening date. Kirivong district
governor said he was unaware of Realco Cambodia’s plans for his area, however,
he had heard that the chamber of commerce was cooperating with a U.S. company.
It is a
place for goods traded by Cambodian and Vietnamese vendors in the Takeo border
region include fruit, vegetables and other foods, as well as construction
materials and machinery.
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