Piling Work on Naga 3 Over 50%; Main Buildings Construction to Begin in 2023

• 10 March 2022
• Local News
• 4407 Views

NagaCorp has confirmed that it will continue the construction of Naga 3 in Phnom Penh as planned despite the halt of Naga Vladivostok in Russia.

According to its recent announcement, NagaCorp has halted construction of the US$238-million Naga Vladivostok gaming and resort development complex in Russia and shifted its focus to Naga 3 in Cambodia.

Designed by Chicago-based Skidmore, Owings and Merrill, Naga 3 is currently under construction and is expected to cost almost US$4 billion.

According to the firm’s 2021 yearly report, overall bored piling work is approximately 50% complete, two of the most critical areas within Tower 1 and Tower 3 nearing completion, allowing basement construction work to commence in December 2021.

The target commencement of the main building work package shall be the first half of 2023 after the foundation, basements and ground floor have been completed.

Construction progress was slightly impacted by COVID-19 restrictions., but additional measures have been added to catch-up on lost time.

The whole project of Naga 3 is expected to be completed in 2025.

Once completed, the combined NagaWorld complex of Naga 1, Naga 2, and Naga 3 will have about 5,000 hotel rooms, 1,300 gaming tables, 4,500 electronic gaming machines, and numerous other non-gaming attractions.

• Business and Market
• Projects Development
• Mega Infrastructure and Engineering