Taken from the Logos Website:
"Even while the rest of the world is in financial unrest, property prices in Phnom Penh are extremely high at over $800US/square meter. Currently our school pays rent to 4 separate landowners. Each landowner will offer only short term contracts and each landowner knows how important each parcel of land is to the functioning of our school. When a rental contract needs renegotiation, there is very little process, rather the landowner decides that rental prices are increasing by 280%/parcel.Logos needed an answer. This is what has happened:
Mr. Kim, a local developer and friend of Logos, offered to buy and develop a parcel of land for the school. Through God’s mercy and provision, the school is being built. The new contract gives Logos an actual school facility, a guaranteed lease and rental price structure for 25 years, and more importantly a chance in fulfilling the mission of our school and keep providing a great Christian International Education to our local orphans, our Cambodian students, our missionary families, and our expatriate families. However, there are some costs that we need to cover in order to have a functioning school facility."You an see Phnom Penh in the distance. The school is about 20 minutes out of the city in the rural countryside.
This is the new library! We don't have much to fill this up yet but we are planning long-term space.
The construction crews live on site so as we meander about the site we move around makeshift beds, cooking pots, and living arrangements.
We still can hardly believe that our school is being blessed with this new campus! Move in date is December 18, 2009, Lord willing.