Sihanoukville is Cambodia’s most famous coastal city full of investment opportunity and economic growth potential. These factors have seen a meteoric rise in the availability of land for sale in Sihanoukville.
Being home to one of Cambodia’s SEZ’s or Special Economic Zones which is an overseas economic and trade cooperation zone, designed to promote favorable market conditions such as: policy advantages, a safe political environment, favorable trade status, completed infrastructure supporting, low labor costs, and excellent services to help promote the growth of manufacturing and industrialization in the Kingdom has certainly had a knock on effect and helped fuel the demand for land for sale in Sihanoukville.
Alongside the SEZ, Sihanoukville boasts Cambodia’s only current fully operational deep sea port. The Sihanoukville Autonomous Port has an independent administration. In combination with the related logistics and transport sector it is the city's economic backbone. With huge amounts of imported and exported goods passing through the port on a daily basis the knock on effect from this increased economic activity has been a huge demand for land for sale in Sihanoukville.
With so much increased investment, trade and economic growth it’s only natural that a coastal town with blessed with South East Asian sunshine and protected from natural disasters such as Tsunami’s by the Gulf of Thailand would see a huge spurt in tourism.
This has certainly been the case with the city benefitting from both increased local and international tourism in recent times. With more and more major hospitality and gaming companies looking to set up operations in the city and considering land for sale in Sihanoukville as a major priority to secure a long term interest in the region.
Sihanoukville International Airport has significantly improved its operational capacity in recent times in order to service direct regional flights and increased local air fare. With greater access to this coastal jewel than ever before an increased number of local investors are now purchasing land for sale in Sihanoukville with a keen watchful eye being cast over the cities development and long term prospects.
For more information on finding land for sale in Sihanoukville just contact our experienced real estate agents at +855 23 966 878 or by email via enquiry@kh.knightfrank.com.