PHNOM PENH: The Council for the Development of Cambodia (CDC) has now issued an official investment project registration certificate for Try Pheap Koh Tunsay Resorts Co., Ltd’s new investment project on Koh Tbal in Kep city, Kep province, with an investment of approximately $17 million.

According to a CDC press release issued on September 30, the Council for the Development of Cambodia’s Investment Committee approved the project development of Try Pheap Koh Tunsay Resorts Co., Ltd. (Try Pheap Koh Tonsay Resort Co., Ltd.).

Koh Tbal Development Project, with a 17 million USD investment, is located in Kep Village, Sangkat Kep, Kep City, Kep Province, and has the potential to create 105 jobs. The CDC also agreed to register seven other investment projects with a total investment capital of $72 million, and create 5,328 new jobs.

International hospital construction and business projects, food processing plants, cable, and electronics assembly plants, accessory factories, shoes, and a garment factory are among the investment projects.

On September 27, 2021, Try Pheap Koh Tunsay Resorts Co., Ltd started the development of Koh Tonsay on an area of 144 hectares with a $130 million investment. Koh Tonsay is about 4.5 kilometers southeast of Kep. Koh Tonsay is a 184-hectare-large luxury natural resort with natural white sand beaches and coral reefs.