Mercan News: The Collaboration Ceremony between Mercan Group and Z1 Group at Phnompenh, Cambodia

  • 20 February, 22

On 18th Feb 2022, President and CEO of Mercan Group – Mr. Jerry Morgan and Global Business Development Director  – Ms. Jasmine Dang joined the Memorandum of Understanding (MoU)  Ceremony with Zillennium  Z1 Group, Z1 Financial, Century 21 Fortuna Investment at Hyatt Regency Phnom Penh

The MoU was inked by Kuy Vat, Group Chairman of Zillennium Say Sokheng, Chairman and CEO of Z1 Financial, Va Vireak, CEO of Century 21 Fortuna Investment, Jerry Morgan, President and CEO of Mercan Group, and Jasmine Dang, Global Business Development Director.

Z1 Group is one of the leading real estate marketplaces in Cambodia and is also a local conglomerate and Singapore-based Z1 Financial – a digital asset management and investment service company – is part of its business.

Century 21 Fortuna Investment is a real estate service company in Cambodia; it operates under the franchise of Century 21 Cambodia.

The strategic collaboration will pave the way for these firms to work together, bringing new investment opportunities for well-off Cambodians to invest or purchase property in Canada and Portugal. The partnership agreement will also enable the local firms to seek and mobilize funds from investors in the EU member states to invest in Cambodia’s real estate projects.

In the ceremony, Jerry Morgan, President and CEO of Mercan Group, said this partnership will enable Cambodian investors access to profitable investment projects. Under his company investments, according to him, 40 projects are investing in United State and 15 projects are elsewhere in Portugal.

Va Vireak, CEO of Century 21 Fortuna Investment, also said Portugal not only boasts high potential for property investments, the country is also an attractive place to live in due to its security and modern health care system, and its living cost is one of the relatively low in the EU bloc.

Source link: https://cambodiainvestmentreview.com/2022/02/18/eu-real-estate-opportunities-for-cambodian-investors/

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