Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Gaming firm reveals plans for project in Sihanoukville

Gaming firm reveals plans for project in Sihanoukville

Gaming firm reveals plans for project in Sihanoukville

Queenco Leisure International Ltd plans to open the second phase of its Sihanoukville resort in early 2013, including a 200-suite hotel and casino, a company official said yesterday.

Queenco took over the Holiday Palace in Sihanoukville in 2010 to renovate and expand the property, the Post reported at the time.

The first phase opened on December 30, comprising a 60-room hotel and casino equipped with 130 slot machines, according to Queenco founder and main shareholder Yigal Ailkha. A high-end Asian restaurant was expected to open within a month, he said.

Phase two will include the 200 suites, a casino with 50 games tables and 350 slot machines, a convention centre, pool area, health club and spa, he said, and will be complete early next year. Yigal Zilkha plans to finish the entire renovation in 2014.

Zilkha told the Post via email yesterday that the government’s “warm welcoming” of foreign investors, in addition to the activation of commercial flights to Sihanouk International Airport, has made Queenco confident that there will be demand for such an ambitious project.

“Cambodia is an emerging market that will grow fast in the coming years, specifically in the beautiful beach areas of Sihanoukville,” he said.

“This will happen as the quality of the hotels and activities improve. We are happy to pioneer international standard development to assist this growth.”

Queenco is also in the planning stages for the development of a nine-hectare seaside property purchased in 2008, according to Yigal Zilkha.

The company plans to build a 2,000-room hotel and casino resort and condominium complex on the location, which will include a shopping mall, convention centre, spa and restaurants. Construction is set to begin in 2013, he said.

RECOMMENDED STORIES

  • Thy Sovantha threatens new suit

    Social media celebrity and card-carrying CPP member Thy Sovantha yesterday said she will file a lawsuit against wildlife NGO head Suwanna Gauntlett alleging discrimination after the latter allegedly denied her access to an ecotourism program the group is launching today in Koh Kong province. The

  • Police raid Siem Reap party, arrest 10 foreigners over ‘pornographic’ images

    A group of 10 foreign tourists appeared in court today after being arrested for producing “pornographic” photos in Siem Reap town on Thursday, while dozens more were detained temporarily and let go after being lectured on their behaviour, according to authorities. A report posted to the

  • Hun Sen’s in-law removed from RCAF after cockfighting rings raided

    Thai Phany, the nephew-in-law of Prime Minister Hun Sen who is accused of running two large cockfighting rings, has been removed as a general in the Royal Cambodian Armed Forces. Phany, formerly a one-star brigadier general, was removed by royal decree on December 19, according to

  • Government approves plan to relocate Phnom Penh’s airport

    The government has signed off on a proposal to build a new airport to serve Phnom Penh and has earmarked land in Kandal province for the $1.5 billion project. A new international airport to replace the existing Phnom Penh International Airport will be constructed on partially