Usd1 Billion ‘wisney World’ Set for Sihanouvkille

• 22 June 2018
• Local News
• 3173 Views

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Industrial conglomerate SV International and China’s AMC International have announced that the company will invest around USD1 billion to develop Cambodia’s biggest entertainment complex, dubbed ‘Wisney World’ in the coastal city of Sihanoukville.

The plan was announced during the launching ceremony of the project held at the Diamond Island Convention and Exhibition Center on 20 June 2018.

This massive project will cover 65 hectares of land and comprise a waterpark, hotel, casino, shopping complex, nature park, cultural park as well as temples in Sihanoukville province.

According to Mr. Lim Chay Loon, president of SV International, the project is estimated to cost around USD1.06 billion, which he said will create jobs for Cambodians as well as boost tourism in the city.

The nature park is expected to be finished within four years while the hotels, casino, and the resort will take around 30 months to complete, he said.

In support of this project, Deputy Prime Minister Men Sam An said during the launching’s ceremony that this project will attract both local and international tourists to visit, which will push the development of the country and especially Sihanoukville.