Tag: UDG
Tourism Vacation Town – China’s luxury city in Cambodia
China is going to build a ‘luxury city’named ‘Tourism Vacation Town’ in Cambodia with a cost of USD 1.2 Billion. With this project, China is said to be extending its influence in the south-east Asian countries. Chinese developer Tianjin Union Development Group (UDG) says Tourism Vacation Town will feature high-end hotels, offices and theme parks on 1,200 hectares of land in Cambodia’s south-western Koh Kong province. Meanwhile, UDG has already started work for resort in the same province, named Dara Sakor with a project cost of USD 3.8 billion. The land was given to USG for a 99 year lease ... Read more