Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - OCIC begins work on Chroy Changvar satellite city

OCIC begins work on Chroy Changvar satellite city

A bridge under construction over the Tonle Sap.
A bridge under construction over the Tonle Sap. Moeun Nhean

OCIC begins work on Chroy Changvar satellite city

OCIC unveiled plans this week for their “City of the Future” satellite city in Chro Changvar featuring a commercial center and a mixed-use housing development.

Touch Samnang, CEO of OCIC, said the company is currently constructing the foundation for the 20-storey commercial center. Next year, the company will start on the apartments, office space and mall portion of the development.

“Up until now, the company has already begun to sell the apartments, and the starting price point is about $200,000,” he said, adding that in the first stage of the projectis being built on 3 hectares of land. Overall, investment capital in the project is $20 million.

Chroy Changvar and the area along National Road 6A have enjoyed rapid development after the Chroy Changvar 2 bridge was completed. These areas host a large number of boreys that are currently under construction, including Borey Peng Huot, Borey Mekong Royal, Borey Orkidae, Borey Plaza and Borey Vimean Phnom Penh, all of which have been marketed as residential projects with suitable prices.

OCIC is currently building two additional bridges connecting the area to Phnom Penh. One will be a “ballet” bridge, which will take six months to complete, and the other will be a suspension bridge, which will take 24 months to finish.

Serey Ping, director of Cambodia Angkor Real Estate, said developing satellite cities is a good move because it helps improve the land value and economic activity in the area. Additionally, more satellites may ease traffic congestion and environmental pollution in the city.

“Cambodia needs more satellite cities to expand its development and to encourage people not to aggregate in one place. Not to mention, it can boost the improvement of the real estate sector,” he said. “I think that this project will succeed, because it’s situated in a location with great weather, with two rivers running on both sides.”


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Peeling back layers of prehistory in Battambang

    When the man passed away, he had not yet reached 50. He belonged to a tribe that had settled near the Sangker River in Battambang province, likely cultivating the fields and raising animals. On the side, they hunted for boars, and even turtles, one of which