Phnom Penh Witnesses Two Excited Resident Project Inauguration and Groundbreaking

PHNOM PENH: On Thursday, August 22, 2024, Deputy Prime Minister Sun Chanthol attended the inauguration ceremony of KY iCenter and the groundbreaking of Picasso II. The event took place at Sokha Hotel, Phnom Penh.

Deputy Prime Minister Chanthol commended Titan Stone Real Estate Group and Picasso City Garden Development for their joint venture in Cambodia and their continued investment expansion, especially amidst the challenges posed by the COVID-19 pandemic.

DPM also expressed hope that Chinese companies and associations in Cambodia would continue to support the Royal Government in attracting foreign investment. Deputy Prime Minister Chanthol highlighted Cambodia’s potential as an investment destination, particularly in sectors such as agriculture, manufacturing, industrial park development, tourism, and digital technologies.

Strategically positioned in Beoung Keng Kang District, KY ICenter stands as a prominent landmark in Phnom Penh’s cityscape. This 38-story mixed-use development was slated for completion by the end of 2020, offering a premier blend of commercial and residential spaces.

Introducing Picasso Sky Gemme, also known as Picasso 2—a new luxury condo rising in the heart of BKK1, Phnom Penh’s most vibrant district. Set to be completed by 2028, this 52-floor development by Global Titan Stone Development is an excellent opportunity for living or investment, offering a perfect balance of luxury and urban convenience.

Titan Stone Holdings, founded in Hong Kong, 2003, is a professional finance and investment group and has subsidiaries and offices in Taipei, Shenzhen, Xiamen, and Cambodia. The service includes investment banking and private banking, such as overseas real estate, equity acquisitions, asset management, and personal financial plan, etc. The group is divided into the “Titan Stone Real Estate Group” and the “Titan Stone Insurance Group” based on business scope.

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