Thmada Chinese investors have disbursed close to 10 billion
baht to develop a new city in
Thmada, a border village in Veal Veang District in the province. The new town is to be built in five phases, and about 80% of the first phase, 1,000 condominiums, has been built as of 2019, together with a luxury hotel, restaurants, casinos, and other businesses. The project is to be completed by 2022 or 2025.
Agarwood Due to the geography and climate of Pursat,
Aquilaria thrives in its forest. Aquilaria species, specifically
Aquilaria crassna, infected with the parasitic mold
Phaeoacremonium parasitica are the source of
agarwood. There was an abundance in wild agarwood in the past. Due to its distinct fragrance, the trees were sought after and felled for gift offerings to the royal family and officials. Agarwood harvested from Pursat was the most valuable and highly in demand. In the early-1970s, "oud Cambodi" was the most sought after
oud oil on the market because of the belief that it contains a psychoactive substance that affects the mind and emotions. The depletion of wild trees from rampant cutting of agarwood has resulted in the trees being listed and protected as an endangered species. Projects are being implemented to infect cultivated
Aquilaria trees artificially, to produce agarwood in a sustainable manner. In 2015, Lieutenant General Ouk Kosa of Cambodia's Ministry of National Defense signed an
MOU with a Singaporean company, giving the company access to six million mature Aquilaria trees, which they will inoculate to produce agarwood. ==Administrative divisions==