Thursday, April 14, 2016

Politics

Politics

Parliament

Phnom Penh is represented by 12 MPs (Member of Parliament): 7 CNRP and 5 CPP.
NamePolitical Party
1Tioulong SaumuraCNRP
2Yim SovannCNRP
3Son ChhayCNRP
4Ho VannCNRP
5Keo SambathCNRP
6Ly Srey VinaCNRP
7Dam SethyCNRP
8Keat ChhonCPP
9Kep ChuktemaCPP
10Hou SryCPP
11Krouch Sam AnCPP
12Lauk KhengCPP

Economy

Sorya Shopping Center
The Central Post Office Building
The Hong Kong Center, headquarters of oil producer Total S.A. in Cambodia
Phnom Penh's is Cambodia's economic centre as it accounts for a large portion of the Cambodian economy. Double-digit economic growth rates in recent years have triggered an economic boom in Phnom Penh, with new hotels, restaurants, bars, high rises and residential buildings springing up around the city.
The main economy is based on commercial interests such as garments, trading, and small and medium enterprises. In the past few years the property business has been booming, with rapidly increasing real estate prices. Tourism is also a major contributor in the capital as more shopping and commercial centres open, making Phnom Penh one of the major tourist destinations in the country along with Siem Reap and Sihanoukville. According to the World Travel and Tourism Council, tourism made up 17.5 percent (US$2,053 million) of Cambodia's GDP in 2009 and accounts for 13.7 percent of total employment. One of the most popular areas in Phnom Penh for tourists is Sisowath Quay, alongside the Tonle Sap River. Sisowath Quay is a 3-mile strip of road that includes restaurants, bars, and hotels. The US$2.6 billion new urban development, Camko City, is meant to bolster the city landscape. The Bureau of Urban Affairs of Phnom Penh Municipality has plans to expand and construct new infrastructure to accommodate the growing population and economy. High rise buildings will be constructed at the entrance of the city and near the lakes and riverbanks. Furthermore, new roads, canals, and a railway system will be used to connect Camko City and Phnom Penh. Other projects include:
  • Grand Phnom Penh International City (under construction)
  • De Castle Royal Condominium (Completed)
  • International Finance Complex (Under construction)
  • Gold Tower 42 (On hold 32 floors)
  • OCIC Tower (Completed)
  • Kokling super second floor house
  • River Palace (Under construction)
  • Vattanac Capital Tower (completed)
  • The Peak (under construction)
With booming economic growth seen since the 1990s, new shops have opened as well as western-style malls such as Sorya Shopping Center and the new Sovanna Shopping Center. Two international franchises have also opened up in Phnom Penh. Dairy Queen has already opened up inside Phnom Penh International Airport and Kentucky Fried Chicken (KFC) has opened up a restaurant on Monivong Boulevard and plans to open more soon.The same company that opened up KFC in Cambodia has now obtained franchise rights to bring Pizza Hut to the country.In addition, a Swensen's ice cream restaurant has opened in Sorya Shopping Center.
The tallest skyscraper in Phnom Penh is Vattanac Capital Tower at a height of 200 metres (656 ft), dominating Phnom Penh's skyline with its neighbour skyscraper Canadia Tower (OCIC Tower). The tower was topped out in May 2012 and scheduled for completion in late 2012. Modern high rises have been constructed all around the city, not concentrated in any one particular area.
The Central market Phsar Thmei is a tourist attraction. The four wings of the yellow colored market are teeming with numerous stalls selling gold and silver jewellery, antique coins, clothing, clocks, flowers, food, fabrics and shoes. Phsar Thmei is undergoing under a major renovation, along with the creation of newer stalls.
Cambodia Angkor Air has its head office in Phnom Penh.

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