Phnom Penh (FN), July 24 - Phnom Penh Autonomous Port (PPAP) signed agreement with Chean Chhoeng Thai Group Co.,Ltd. to lease a parking lot extends from Chroy Chongvar Bridge to Night Market for the $16.5 million Mixed Trade Center “The City Gate”, according to a press release issued by the PPWSA obtained by Fresh News on Tuesday.

The project aims to feature office buildings, arts center, dancing water and floating market, art galleries, tourism center, smart Phnom Penh, technology office, and other projects.

The land fee is a one-off payment of $16.5 million for a period of 50 years, including 10% VAT.
=FRESH NEWS