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Logo of Phnom Penh Post newspaper Phnom Penh Post - Grand celebration dinner held by Hong Kong developer GRED @ Sofitel to celebrate launch of One Park project

Grand celebration dinner held by Hong Kong developer GRED @ Sofitel to celebrate launch of One Park project

An extravagant dinner was held on Saturday, July 2, with 350 guests in attendance to showcase the One Park development project, which is the latest in a number of large scale mixed use developments to have broken ground in Phnom Penh. Located on Russian Boulevard opposite the premium location of Cambodia’s architecturally impressive government buildings, One Park will be the largest foot print of any development yet covering a massive area of 7.9 hectares. One Park will be Phnom Penh’s first community complex with a mixture of residential, retail and office space as well as two five-star hotels, to be announced later. The Hong Kong developer, GRED, said 50 per cent of the space will be dedicated to greenery, swimming pools, a park-like environment, kindergarden and other facilities to create a community lifestyle with the slogan “Life as it should be”. GRED sees Cambodia as a promising investment location with GDP at 7 per cent and a vibrant youth population. The project is attracting investors from Taiwan, Singapore, Malaysia and European countries. Photos by Chhim Sreyneang

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