about us
IM Capital Holding is a European investment and development company with a Polish-Swedish management team, founded and led by Iwona Kmiecik – an experienced investor who has been successfully delivering projects on Koh Rong Island and in other regions of Cambodia for many years.
We specialize in fully managed luxury real estate – from concept and construction to long-term operational management. Operating in a “build & operate” model allows us to provide investors with stability, security, and attractive returns.
IM Capital Holding represents not only experience and know-how but also a strong presence in one of the most dynamic real estate markets in Southeast Asia. What sets us apart is our long-term development vision and robust operational infrastructure.
Founder & Chief Executive Officer
Iwona Magda Kmiecik
Iwona Magda Kmiecik is the Founder and CEO of IM Capital Holding, an investment group in Cambodia focused on sustainable hospitality and real estate. She is behind Apsara Resort and Port Yves Palace—luxury developments on Koh Rong that set new standards in responsible tourism and international investment.
As founder of Lions Club Sihanoukville Apsara, she supports education and community growth. Since 2018, she has championed sustainability, using eco-conscious practices across her projects.
Her collaborative work with public institutions has made IM Capital a trusted partner for global investors, committed to long-term economic, social, and environmental impact.

Board Member
Stanisław Kiel
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Responsible for coordinating quality processes. Supervised the development of Apsara Resort, ensuring high execution standards at every stage of the project. Supported the organization of construction processes and coordinated subcontractors to ensure timely and goal-aligned project delivery.
Real Estate Development Director
Agnieszka Zalewska
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A licensed real estate manager specializing in the commercial property sector. Her nearly fifteen years of experience in real estate sales, marketing and project management contribute to the venture on many fronts.
Sales and Marketing Director
Phuong Chandara
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Brings over 17 years of experience in hospitality sales and marketing, with a focus on luxury hotels and resorts. Demonstrates a strong track record in driving revenue growth, enhancing brand positioning, and improving guest experience. Skilled in developing high-impact sales strategies, cultivating strategic partnerships, and leading high-performing teams to achieve business objectives.
Finance Director
Yun Ravuth
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Oversees the financial health of business management services, including financial planning, management, and reporting. Brings experience in developing standardized accounting procedures tailored to a new generation of business operations.
Project Engineer
Monika Kozieł
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Civil engineer with experience in contract management, construction supervision and tendering for residential and commercial projects. Brings strong technical and organizational skills gained while working with leading construction companies in Poland.
ARCHITECTS
Port Yves Palace is a masterpiece crafted by MOTIV Studio in partnership with Tektoline. MOTIV Studio is an internationally acclaimed architectural bureau renowned for its precision and innovative approach. Their impressive portfolio - featuring the iconic Mövenpick Resort Maldives demonstrates a global expertise that inspires investor confidence and evokes a sense of awe.
We collaborate with leading furniture and equipment manufacturers and suppliers to ensure the highest quality in all our projects.

