Dubai UAE
Sallam Mohamed
The MBF National Investment Group discussed with the Consulate General Republic of Cambodia opportunities of investment in Cambodia, the joint venture mainly shared the discussion in buildinga health resort in the Cambodian capital Phnom Penh. The resort expected to include a variety of activities, namely, a resort for tourism medical treatment and landscapes for Cambodian green areas
His Highness Sheikh Mohammed Bin Faisal AlQasemi, Chairman of MBF Investment Group and his Excellency Kamal Je Augustin, the Cambodian Consul discussed aspects of cooperation, ways of strengthening
partnership investment opportunities in Cambodia and reviewed facilities and advantages offered to investors and availability of investment policies at the time of activities
His Highness Sheikh Mohammed Bin Faisal Al Qasemi revealed that the health resort completion shall cover area round 4million (ft2). The partnership for the project shall be with
the Cambodian government through a local national entity, explaining that the total cost estimation for the project is one billion UAE dirhams and the project shall serve to be a health-recreational-monumental site
Al Qasemi underlined that the Cambodian nation well known for the herbal therapy practices and resorts, reiterating that the health resort project shall attract families touring to Cambodia and
the project so far is within our foreseeable top priorities, he alluded
Al Qasemi revealed that within the next upcoming days, mostly in November or before the end of the year, the MBF Investment Group shall arrange for a visit to Cambodia to explore areas for the
project and draft out appropriate designs
From his part, the Cambodian Consul, His Excellency Kamal Je Augustin explained that ‘’ Cambodia at present is one of most investment attractive hub in Asia and has a very ancient and tremendous
nature and the historical aspect in the expected project shall play a vital role and shall significantly attract people to resort, besides, Cambodia has a diversity of historical legacy which manoeuvre the country to be one of the most historical locations
in southeast Asia
