The Royal Group to create resort island

The Royal Group to create resort island

The Royal Group, Cambodia announced it wants to transform the country’s tourism industry with the development of Asia’s ‘first environmentally planned resort island’. Led by tycoon Neak Oknha Kith Keng, the corporation already has hotels and resorts, property and other interests including the media and banking. Its vision is to develop the Koh Rong island which will be 30 minutes by boat from Sihanoukville. “Cambodia’s tourism has so far focused almost exclusively on the temples of Angkor Wat,” said The Royal Group Chairman and CEO Kith Meng. “But the potential of this coastline is the missing link in the development of our tourism sector.” The Royal Group has been granted a 99-year lease on the 78 sq km (30 sq mile) island, which it hopes will rival destinations such as Phuket, Koh Samui and Bali. An airport, marina and golf courses are in the pipeline. “It is our shared vision that the island be planned and developed in a way that results in the establishment of sustainable and commercially viable development models - whilst preserving and enhancing the natural environment,” added Meng.

Gary Marshall
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Gary Marshall
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