Construction of Sihanoukville First Shopping Mall Begin

As Sihanoukville sees the rapid growth in larger-scale buildings, construction on the city’s first shopping mall has also begun.

On 6 December, 2018, Ms Lim Sokha Davin, sales manager for Furi Real Estate said that construction of Sihanoukville’s first shopping called Furi Times Square had already begun.

“Construction of the mall begun sometime in November,” she said, adding that the company has already installed the building structure for the ground floor. Construction is set to finish by June 2019, she added.

Upon construction starting, many businesses have been interested in leasing shops in the mall. According to Ms Davin, the company has currently leased out about 70% of its leasable area, most of which are leases for food and beverage businesses.

Furi Times Square is a four-storey mall resulting from an investment of nearly US$10 million by property developer Furi Real Estate and investors from Macau and Hong Kong. The mall covers a land area of about 6,000 square metres of which 40% will be public space. (Read more)

- Video Advertisement -

Related Post

China’s Sailun Group Plans Expansion of Rubber Processing Investment in Cambodia

In a significant move to enhance its presence in Southeast Asia, Chinese tyre manufacturer Sailun Group has announced plans to increase its investment in rubber processing in Cambodia, where it currently operates a tyre factory in Svay Rieng province. The announcement occurred during a recent meeting between Yuan Zhongxue, Honorary Chairman of Sailun Group, and […]

Chinese Firm Expands Investment with New Cashew Processing Plant in Cambodia

Shandong (Cambodia) Economic and Technological Development Zone, a major Chinese agricultural firm, has announced a substantial capital increase to establish a new cashew processing plant in Cambodia, further advancing its agricultural production footprint in the country. This decision was revealed during a meeting on 6 November 2024 between Cambodian PM HE Hun Manet and Mr. […]

Techo Int’l Airport Nears Completion at Over 90%, Already Costs USD 1.3 Billion

The Techo International Airport project has surpassed 90% completion as of early November 2024, with construction costs exceeding USD 1.3 billion. This milestone was announced by HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation, on 6 November 2024. HE confirmed that major construction will conclude by […]

ADB Commits USD 400 Million Large-Scale Financing for Clean Water and Sanitation in Cambodia by 2025

The Asian Development Bank (ADB) has pledged a transformative USD 400 million Large-Scale Financing (MFF) project to advance clean water and sanitation infrastructure across Cambodia, targeting approval by the end of 2025. This announcement follows the success of an ongoing USD 119 million Provincial Water Supply and Sanitation Project currently active in the provinces of […]

China’s Sailun Group to Launch $110 Million SEZ in Kampot Province

Chinese tyre manufacturing giant Sailun Group has announced plans to develop an industrial park named the “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ) in Cambodia, backed by an impressive $110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot SEZ […]

Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop

Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under $4 billion, a stark contrast to the nearly 4,841 projects worth approximately $12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE Research on […]