Triumph Commercial Centre Opens Sales Office

• 14 August 2018
• Property Focus
• 3772 Views

The sales offce for​ the Triumph Commercial Centre (TCC) located in Boeng Salang Village, Sangkat Russey Keo, Russey Keo District, Phnom Penh officially opened on August 12, 2018.

Owned by Chinese property developer Yunnan Shengmao Investment (Cambodia) Co., Ltd, the TCC will cost around US$1 billion to build according to the company’s director Mr Chen Tai An.

Mr Chen Tai An explained that the TCC will comprise of more than 10,000 companies selling more than 100,000 different types of goods and serve as a platform to connect Cambodia with other countries through trade, in line with China’s Belt and Road Initiative (BRI). When complete, the centre will be the biggest commercial complex in the country.

Located on a plot of the Phnom Penh Autonomous Port (PPAP) which has been leased out to the company for 50 years, the TCC investment project was granted a license by the Council for the Development of Cambodia (CDC) in April. According to the CDC, the project is expected to generate 1,101 new jobs.

The first phase of the construction is expected to finish by the end of 2019 while the final completion is expected to finish by 2020, according to the company.

• Business and Market