earthtimes.org, 9-6-2008
Phnom Penh – Australia’s Brocon Group Ltd cemented its place in the island development boom off Cambodia’s coast, earning formal government approval for its planned 35-million dollar luxury resort, CEO Rory Hunter said Monday. “From July 2007 we had an in-principle agreement, but we have now received official approval on a 99-year non-renewable lease from Prime Minister Hun Sen and the Council for Development of Cambodia so we can go full steam ahead,” Hunter said by telephone. Hunter said the coastal islands off Sihanoukville show tremendous tourism potential, claiming the atmosphere is reminiscent of Thailand’s now world famous beach resorts 30 years ago.
