Siem Reap Chosen as Venue for 2023 SEA Games Cycling

Among three potential provinces, Siem Reap has been chosen to host the cycling for the upcoming 2023 SEA Games, according to the Ministry of Tourism’s announcement yesterday. The ministry stated that Siem Reap is a high-priority province as it has ready infrastructure such as airports, roads, ancient temples, and especially the Phnom Kulen National Park, which is very suitable to hosting all ki...

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US$61m five-star hotel & casino in Sihanoukville to open in Q1 2022

Malaysian-based WA Hospitality has announced that it will open the US$61-million Won Majestic Casino Hotel & Resort in Sihanoukville in Q1 2022, reported TTG Asia. Located in front of the Sokha Hotel in Sangkat 4, this 5-star hotel will have a total of 373 rooms featuring luxury suites and studio rooms, a swimming pool, gym, three restaurants, a guest lounge and a casino. The project was...

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US$2.8-billion Phu Quoc large-scale resort to open in late April

A large-scale resort spanning over 1,000 hectares on Phu Quoc Island is set to officially open on 21 April, according to Inside Asian Gaming. Known as the Phu Quoc United Center, the resort has been built by the VinGroup with an investment value of US$2.85 billion. Located in the northern part of Phu Quoc Island, the project consists of a five-star hotel, the largest theme park in Vietnam ca...

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Welcoming Vaccinated Tourists by Year’s End Will Also Boost Real Estate Sector, says Expert

Real estate expert and President of KW Cambodia Dr Kim Heang has expressed optimism that the real estate sector will also gain momentum if the government decides to allow vaccinated international tourists to enter Siem Reap by Q4 this year. Dr Kim Heang said that this is a smart move by the government, like many other countries. "Obviously, tourists will help restore the economy, especially ...

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Vietnam Establishes New 1,600-Hectare Special Economic Zone on Border of Kampot and Takeo Provinces

Vietnam has established a new 1,600-hectare special economic zone at the border between Hà Tiên province and Cambodia’s Kampot and Takeo provinces. According to Vietnam News, the Hà Tiên Border-Gate Economic Zone is located in the Mekong Delta of Kiên Giang and covers five communes of Vietnam. The area is also bordered with Kirivong district inTakeo province, as well as Banteay Meas and Kamp...

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Colliers: Asia Pacific Hospitality Sector Expected to Hit 2019 baseline by 2023, Cambodia to Lead in Casino Segment

The Asia-Pacific hospitality sector is projected to recover steadily from the last quarter of 2021 onward, and to hit the 2019 baseline by 2023, according to a recent report by an investment management company Colliers International. The report, entitled Colliers Hotel Insights Q1 2021, also predicted that Cambodia and Macau will lead the way in the casino segment, with Singapore, the Philippin...

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Malaysia’s MIDF Research: Cambodia Aviation Market to Quickly Recovery in Next Two Years

Malaysia's MIDF Research has predicted that the Cambodian aviation market will gain momentum in the next two years after the COVID-19 pandemic subsides, according to The Malaysian Reserve. The forecast analysed the 2021 and 2022 financial status of Malaysian firm Muhibbah Engineering, which has a 21% stake in Cambodia's three major airports: Phnom Penh, Siem Reap and Sihanoukville airports. ...

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Large-Scale Infrastructure Renovations in Siem Reap and Sihanoukville Part of Tourism Recovery Roadmap

The government earlier this week approved the Roadmap on Cambodia's Tourism Restoration Plan, of which the large-scale infrastructure renovations in Sihanoukville and Siem Reap are the most crucial drivers in attracting more tourists after the pandemic subsides. The road map is divided into three stages. The first and the most important is the rehabilitation of tourism through public investment...

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Century Entertainment Hopes to Open Large Koh Kong Casino by late April After Delays

Hong Kong-based casino operator Century Entertainment International Holdings Ltd hopes to open its casino at a new venue in Dara Sakor district in Koh Kong province by late April after delays due to the COVID-19 pandemic, reported IAG. According to the initial plan, the casino was set to open start operations by February after finishing the relocation procedure from Sihanoukville. However, due ...

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Construction of Mondulkiri Airport Moved to 2023, Prelim Study Completed

Construction of the Mondulkiri airport is expected to begin in 2023 as the investment firm will take at least one full year to conduct a comprehensive study on the recently-completed preliminary study, according to the State Secretariat of Civil Aviation (SSCA)’s spokesman. SSCA spokesman Sin Chansereyvutha said this morning that although the preliminary report has been completed, there are oth...

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