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Businessman Polonsky prepares major development project in Cambodia

The minimal cost of the project is estimated at some $800 million
Sergei Polonsky EPA/MAK REMISSA
Sergei Polonsky
© EPA/MAK REMISSA

HANOI, January 14. /ITAR-TASS/. Business tycoon Sergei Polonsky, whom Cambodian court released from custody on Monday, stated that he intends to implement a major development project in Cambodia, the minimal cost of which can be estimated at around $800 million, The Cambodia Daily reported on Tuesday. The daily reported that the businessman can hold a presentation of the project within next two months.