Chip Mong Inaugurates US$150 Million International Mixed-Use Development

• 14 January 2019
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The Royal Field Development Company Limited, a subsidiary of Chip Mong Group broke ground on its 45-storey international mixed-use development, according to a press release issued by the company.

On 14 January, 2019, the company began construction on the US$150 million project located along Russian Boulevard near the 5 January flyover. The complex is scheduled to finish construction and open in 2022.

This multi-million dollar commercial building includes modern offices, a cinema, sky bar, 5-storey shopping mall, and most notable the Fairfield by Marriott Hotel Phnom Penh, one of the leading international hotel brands.

“Through the reputation of Chip Mong in Cambodia, and the reputation of the Marriott International Hotel, one of the largest hotel chains in the world, it will bring a new face and a new reputation for Cambodia,” said Oknha Leang Khun, CEO of Chip Mong Group.

“The construction of this international mix-used commercial complex will contribute significantly to the trade and tourism sectors in Cambodia,” he added.

Chip Mong Group is one of Cambodia’s leading conglomerates with businesses ranging from construction materials, housing developments, beer and beverages, industry, hotel and hospitality, retail, and a bank which will open soon.

• Projects Development