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Postponing the construction of Phnom Penh’s Gold Tower 42

Radio Free Asia reported on Sept 12, 2010 that construction of Gold Tower 42 in the heart of Phnom Penh has been postponed. No supervisor or manager of Gold Tower 42, which has achieved a height of 31 levels, was reachable to explain the reason for the cessation of construction activities.

The USD240 million project was initiated January 2008, with completion originally scheduled for 2012.

Project owner Yon Woo Co, of Korea, has stated that 60% of the tower project has been sold, with purchasers coming from Cambodia, Korea, China, and the UK, among other countries.
source Radio Free Asia

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