On November 17th 2021, Continent Assets Management Co., Ltd, PLMP Venture Capital Co., Ltd, PropNex Cambodia Co., Ltd and Ly Ly Kampong Seila Special Economic Zone Co., Ltd signed a memorandum of understanding (MOU).
Its goal is to join strategic cooperation in designing new investment projects in Sihanoukville Fintech Hub City under the honorable presences of Governor Kuoch Chamroeun and Master Plan Project Director, Chea Kok Hong following the government multipurpose SEZ master plan announcement last month.
The MOU aims to launch the first Sihanoukville re-development projects cum Fintech Hub platform to strengthen, diversify, and bring in new business income models alongside the government-led Sihanoukville master plan vision. The companies will be focusing on restructuring the under-developed assets, which will create new markets to attract international talents and entrepreneurship clusters driven by financial and technology innovators.
The project also provides provision to attract retirement village development offering high yield property investment and advance health care support and tele-medicine facilities integrated into a luxurious service project development.