Booyoung Group held a ceremony on Oct. 9 to open part of the “Booyoung Town,” a house-office complex, in Phnom Penh, Cambodia.
Booyoung Khmer II, Booyoung’s overseas incorporated body, opened 1,474 units.
The units are part of Booyoung Town, a mini-new city with 20,000 units under construction.
Among those on the grand opening ceremony were Booyoung Group Chmn. Lee Joong-keun; Say Sam Al, Cambodian Deputy Prime Minister and Minister of Land Management; Park Jeong-wook, Korean Ambassador to Cambodia, Phnom Penh Mayor Hueok Hai; and Chung Myung-gyu, chairman of the Korean Residents’ Association.
Booyoung Group Chmn. Lee said, “I hope that Booyoung Town, a Korean-style apartment complex, will establish itself as a landmark in Phnom Penh, supporting the development of Cambodia’s housing culture.”
Booyoung Group will build Booyoung Town, a “mini-new city,” by supplying a combined 20,000 units on a gradual basis. In particular, Woojeong Cambodia School, a Korean international school, has been created to provide good educational conditions to apartment occupants.
The initially built apartments with 1,474 units consist of four apartment buildings with four basement floors and 21 ground floors — 568 units each with 85 sq. meters, 608 units with 85 sq. meters and 298 units with 117 sq. meters.
Occupants can move into Booyoung Town upon completion of contracts, and foreigners will be allowed to strike contracts.
The town has been built with high-end finishing materials and refined interiors to boost convenience for occupants.
It has been designed with a plate-like structure to boost natural wind flow and ventilation.
The commercial buildings of the complex will accommodate a fitness center, a swimming pool, and an indoor driving range.
It will also have diverse convenience facilities at mid- and large-sized shopping malls with 223 shops.
Booyoung Town is located in Sensok, Phnom Penh, a location of high demand among local people.
It lies between a central part of the city and residential concentration district.
The complex also has shopping malls, large-sized marts and an international school in the neighborhood.
Woojeong Cambodia School, located within the Booyoung Town, opened in early September.
It has three five-storey structures with 15,994 sq. meters in floor space – combined 125 school rooms, including primary, middle, high school, a nursing university, and welfare centers for the elderly, capable of accommodating about 2,000 people.
Korea International School of Phnom Penh is accommodated in the eastern wing of Woojeong Cambodia School in a support to offer better educational conditions to second-generation Korean residents in Cambodia. Booyoung Group is Korea’s representative company, which has been conducting diverse social contributions activities.
Long Dimanche, an ex-Cambodian ambassador to Korea, said, “Booyoung Group has been engaged in brisk social contribution activities in Cambodia to the extent that there are many Korean companies, but Booyoung is the best in Southeast Asia, including Cambodia.”
Recently, Booyoung donated 1,400 buses and trucks in Cambodia and 700 buses in Laos.
The buses, carrying Booyoung’s mandarin duck mark and “Salangeurlo,” in Hanguel, which means “in love,” are conducive to making Korea known in the Southeast Asian country.
Booyoung Group has been contributing educational equipment and materials - 600,000 blackboards and 70,000 digital pianos in Southeast Asia, Africa and Central and South America.
The group has donated about 3,000 digital pianos and 40,000 blackboards as well as funds to build 300 primary schools to Cambodia.
Booyoung has contributed garments,and footwear on top of about $550,000 in a fund for the development of taekwondo and the group has been donating a medical fund, on top of ambulances.
Booyoung Group Chairman Lee was honored with the Order of National Merit of Cambodia by Hun Sen, former Cambodian prime minister, last year.
In May, Chmn. Lee, appointed as an economic adviser by Cambodian Prime Minister Hun Manet, is expected to give a leg-up in Cambodia’s policy decision-making, including the economic development of Cambodia.
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