A Chinese company invests $160m to build three standard car parks in Phnom Penh

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A Chinese firm has unveiled plans to invest up to $ 160 million on the construction of three standard car parks located in the suburbs of Phnom Penh.

The Good Car Investment Company of China, Ms. Oknha Chan Sothea, in Phnom Penh on June 30, 2020, said that three car parks are located in The investment project is located on the outskirts of Phnom Penh, including in the central area of Kandal province, near the central province of National Road 6, and is looking for suburbs.

Ms. Sothea also expressed her intention to invest in the import of trucks and passenger vehicle parking lot in Phnom Penh worth, $ 160 million project.

Phnom Penh Governor HE Khuong Sreng welcomed the above purpose because of the Phnom Penh Municipal Administration’s need for parking as a priority in today’s city which lacks parking space.

The governor also asked the company to study clearly before making the investment decision to ensure the success of the investment because so many companies have mentioned such investment but have not been successful in presenting their project. Without results, the lack of education and understanding of the Khmer people ‘s cultural preferences led them to fail.

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