Tuesday, April 7, 2015

Ream Beach and Investment

The beach is beautiful, the water is crystal clear and shallow and is surrounded by trees and mountains nearby. The area is not much inhabited. It is on the left hand side on the way from Koh Kong to Sihanoukville near the airport. One defect is that it lies against sun light. It would be too glittering if the sun shines and you want to bathe (not sunbathe) there.

It waits for rich investors to find out the location, its beauty and other potential. Currently, only dozens of local sellers make their on quite traditional commerce: selling food for tourists. Along with the fact that the new airport is being built close by, local and international investors may start to consider their business here in a short time to come.


Unlike in Siem Reap, however, market size of the Western part of Cambodia is small. In Siem Reap, you can see tourists from various countries in the world. In Western Cambodia, mostly Americans or Europeans. In Sihanoukville, in addition, business gains profits only during peak seasons of tourism.

Other costs include electricity, water and security. These are main constraints in Cambodia, not limited to Western part. Some hotels need to supply their own water and electricity. In terms of rule of law, it is quite weak there. (see for example http://www.phnompenhpost.com/national/polonsky-bugbear-arrested-sihanoukville)



 
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