Estatedia

A $1.2 billion skyscraper business center project on Koh Pich

PHNOM PENH: According to Property Area, the world-class shopping center will span approximately 5 hectares and locate in the former night market and playground in the satellite city, Koh Pich.​ The site is currently active with machinery and trucks transporting materials and workers.

Touch Samnang, Deputy General Director of OCIC, recently stated that, as far as he was aware, the company had already received approval from Cambodia’s Council for Development to construct a mixed-use business center. The main structure in this project is approximately 400 meters tall.

According to an unnamed source, who is working in the real estate industry, the investment firm has purchased land for its project for up to $ 7,000 per square meter. However, the construction company has yet to reveal the appearance of the commercial building on the wall that has surrounded the site.

In late December 2019, The project of “BOCC DEVELOPMENT CO., LTD.” was approved by Cambodia’s Council for Development. A 500 rooms 5-star hotel Service Hotel Apartment,  1,600 rooms 4-star, and a business center in Sangkat Tonle Bassac, Khan Chamkarmon, Phnom Penh “Koh Pich” with an investment capital of approximately 1,181 million US dollars, which has the potential to create 6,370 jobs.

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