9 September 2014
The Overseas Cambodia Investment Corporation (OCIC) General Director said recently that the company has invested some US$486 million in the development project of Chroy Changvar satellite city.
Now, the construction project at the eastern bank of the river in Chroy Changvar area is in progress. Located on an area of 387 hectares, the Chroy Changvar Satellite City will cover Phnom Penh’s three Sangkats: Preak Leap, Chroy Changvar and Preak Tasek. OCIC has gained exclusive rights from the royal government to develop the area into a commercial, economic, cultural and sports center.
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