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Phnom Penh building boom prompts pride and puzzlement

Construction underway on new high-rise developments in central Phnom Penh (Photo by Simon Roughneen)

PHNOM PENH -- The plush office building on Phnom Penh's riverside was meant to showcase one of the dozens of new high-rise apartments being built all over the Cambodian capital. 

But the place was empty, save for an elaborate model of The Bay, a proposed $500 million multipurpose real estate project being developed by Singapore's TEHO International Inc. Ltd.

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