LSCG Group Announces US$168m Investment to Revive Stalled Developments in Sihanoukville

• 9 August 2024
• Local News
• 10778 Views

LSCG Group, under the leadership of CEO Ly Sokchhay, has announced a substantial US$168 million investment to develop stalled buildings in Sihanoukville. This investment is part of a joint venture with companies from the United States and Singapore, aimed at revitalising key real estate projects in the city.

The announcement follows years of strategic meetings with Sihanoukville’s management and the Board of Governors, as well as an extensive review of the city’s master plan. LSCG Group intends to propose its own master plan to the Royal Government as part of this initiative.

The investment projects encompass a wide range of developments, including the Smart City and Sister City projects, the modernisation of Sihanoukville, and essential clean water and urban wastewater management initiatives.

CEO Ly Sokchhay emphasised that the group’s efforts align with the new government’s policy to address stalled buildings in Sihanoukville, aiming to resolve these issues by partnering with other entities to continue construction and breathe new life into these projects.

For more information, please contact LSCG Group via Telegram at +855 10 804 804 or visit their offices located at Villa A, No. 03, Street 09, Borey Peng Huoth, Boeung Sno, or at their office in the 5-star Prince Times Hotel, Sihanoukville.

• Advertorial
• Business and Market
• Investment and Funding
• Sihanoukville