Two More Big Hotels Given Green Light in Sihanoukville

• 28 June 2018
• Property Focus
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Sample Photo of Beach Resort

Two property development companies have received the green light from the Council for the Development of Cambodia (CDC) to build luxury hotels in Sihanoukville, providing over 2,000 jobs.

Nan Hai Real Estate Development Co. Ltd and Hein Li Properties Co. Ltd have received certificates of approval to build a five star and a four star hotel respectively.

The CDC agreed to let Nan Hai Real Estate Development Co. Ltd build a five star hotel comprising 500 rooms and a commercial centre in Village 1, Sangkat No 3, Sihanoukville Province. The project will cost the company approximately US$86.56 million and is expected to create 1,848 jobs for the city.

Meanwhile, Hein Li Properties Co. Ltd can start its project to build a four star hotel with 149 guest rooms and a resort. Located in Village 1, Sangkat No 3, Sihanoukville Province, the project is estimated to cost US$39.3 million and create 241 jobs.

Sihanoukville has seen a sharp rise in development projects such as hotels, residences, entertainment centres, as well as mixed-use development projects over the past five years.

The city currently has more than 80 hotels and around 3,000 guesthouses. By the end of this year, the city will have 10 more hotel projects.

• Projects Development