The complex will be built in Prey Veng province near the Vietnamese border with Cambodia, according to a filing on the Malaysian stock exchange, reported by the Phnom Penh Post.
A Malaysian investment firm and its Cambodian-registered partner are looking to build a “Jurassic Theme Park” as part of a proposed US$51 million entertainment complex that would include a casino, hotel and 500 serviced apartments.
The complex will be built in Prey Veng province near the Vietnamese border with Cambodia, according to a filing on the Malaysian stock exchange, reported by the Phnom Penh Post.
MQ Technology Bhd, a Malaysian investment holding company, said in the filing that it intends for the construction to be completed within the next six years.
Robbie Hari Krishnan Tatparandam, executive director of MQ Technology, said, “We are trying to look for other investment potential outside of what we traditionally do, and we are already trying to build a theme park in the southern Malaysian state of Malacca.
“Right now, the agreement is just to conduct a feasibility study to see if the project has potential,” he said, adding that his role in the company – which specialises in high-precision mould-making and magnetic coils for hard-disk drives – was to restructure the business to make it more profitable.
According to Pich Song, a governor in Prey Veng province, a group of Malaysian investors purchased the Arunbopea Casino two months ago from Hak Leng, a Cambodian business tycoon. “The deal is already done,” he said. “Right now, the casino is not operational as the Malaysians are remodelling it.”
“From my understanding, currently there are very few visitors from Vietnam coming to Prey Veng and the casinos there are empty. So a better destination would be welcomed.”
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