Siem Reap: The Next Investment Goldmine
Siem Reap is one of the largest cities in Cambodia. It is known for its endless tourist and cultural attraction sites, and its potential for development keeps on rising. As the country learns to live in a post-Covid-19 world, many activities in Siem Reap province have come back to life.
Phare Ponlue Selpak, an NGO supporting children to recover from war traumas through performance art, is Siem Reap’s most unique, authentic, and top-rated entertainment. After a year-long evaluation of documentary evidence, the Guinness World Records confirmed that Phare had won the world record for the longest circus show in history.
Moreover, Cambodia’s first-ever aquarium and zoo complex, featuring hundreds of freshwater and seawater species, wild animals, and birds, opened its doors in Siem Reap province on the 1st of November. The project’s two objectives are to raise environmental awareness and improve socio-economic growth in the Kingdom, especially in Siem Reap. Today, more than 500 local and international tourists have visited the new attraction. As tourists lengthen their stay when they visit countless world heritage sites, the aquarium and zoo will be top destinations for families looking for an alternative site-seeing destination. The second phase of the project will include more birds, elephant walks, and a beautiful stroll around the new botanical gardens. The final phase is to build resorts for tourists on more than 20 hectares of land.
As the Covid-19 situation improved, flights have doubled from Bangkok to Siem Reap. With the construction of the new Siem Reap-Angkor International Airport expected to be 70 percent completed in December 2022, and fully operational in late 2023 or early 2024, it will attract more tourists to come to Siem Reap. The airport will initially have the capacity to handle at least 7 million passengers per year, 10 million by 2030, and 20 million by 2050.
Due to the province’s high potential, the Suwon City Friendship group has requested a second Suwon Friendship Village to provide more educational services to local students. The proposed construction will be located near Siem Reap town, boosting tourism and improving the area’s hygiene, education, health, and other sectors.
Most importantly, our investors would also benefit from this rapid transformation, as one of our underlying properties is also located in this province -- UT Siem Reap 17140. The project is currently trading at $0.59/UT with the target reselling price at $0.75/UT, which would potentially generate more than 20% of return in the near future.