Logo of Phnom Penh Post newspaper Phnom Penh Post - CDC okays two Sihanoukville hotels



CDC okays two Sihanoukville hotels

Content image - Phnom Penh Post
The Two Golden Lions Roundabout with Chinese-invested construction projects in the background in Sihanoukville’s Commune IV. Heng Chivoan

CDC okays two Sihanoukville hotels

The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post.

The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have a combined total of 2,911 rooms, said the CDC.

Xigang V-Continent International Investment’s $226 million hotel, it said, will comprise 1,111 rooms and will be located in Sihanoukville’s Commune III while Hai Gang Grand Hotel’s $153 million investment will comprise 900 rooms and be located in Commune IV.

The CDC has not provided details of when the projects are scheduled to begin construction.

Preah Sihanouk provincial governor Kuoch Chamroeun told The Post on Thursday that he welcomed the projects. “I think the investors have studied the market and competition in the industry will help to greatly improve the province’s tourism sector,” he said.

He said the projects will attract foreign visitors to the province – not exclusively Chinese nationals.

Preah Sihanouk provincial Department of Tourism figures show that the province received more than 1.34 million visitors during the first half of this year – a 3.22 per cent year-on-year increase.

Local visitors numbered 950,000 during the period – a 6.26 per cent decrease year-on-year as international visitors amounted to 390,000, of which 160,000 were Chinese.

Cambodia Association of Travel Agents president Chhay Sivlin on Thursday said that despite the increase in hotels in Sihanoukville, there was still a shortage of rooms as Chinese investors rent entire hotels to operate casinos.

“Investing in hotels is a good thing for the tourism sector, but if Cambodia could diversify tourism destinations to the province’s islands, I think the province will need more investment in luxury hotels,” he said.

The department’s figures show that as of the first half of this year, 98 hotels currently operate in the province.

MOST VIEWED

  • Angkor lifetime pass, special Siem Reap travel offers planned

    The Ministry of Tourism plans to introduce a convenient, single lifetime pass for foreign travellers to visit Angkor Archaeological Park and potentially other areas. The move is designed to stimulate tourism to the culturally rich province of Siem Reap as the start of the “Visit

  • Ice cream, noodles flagged over carcinogen

    The General Department of Customs and Excise of Cambodia (GDCE) has identified three types of instant noodles and ice cream trademarks originating from Thailand, Vietnam and France that are suspected to contain ethylene oxide, which poses a cancer risk to consumers. The general department has

  • Exclusive interview with Josep Borrell Fontelles, High Representative of the EU

    CAMBODIA is hosting the 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings this week with top officials from the US, China, and Russia and other countries in the region slated to attend and to meet with face-to-face with their counterparts on the sidelines. In

  • Rise in Thai air routes to Siem Reap fuels travel hopes

    Local tourism industry players are eager for regional airline Bangkok Airways Pcl’s resumption of direct flight services between the Thai capital and Siem Reap town on August 1 – home of Cambodia’s awe-inspiring Angkor Archaeological Park – which is expected to boost the growth rate of

  • ASEAN Foreign Ministers’ meet commences, Taiwan issue possibly on table

    The 55th ASEAN Foreign Ministers’ Meeting (AMM) and related meetings hosted by Cambodia kicks off in Phnom Penh on August 3, with progress, challenges, and the way forward for the ASEAN Community-building on the table. Issues on Taiwan, sparked by the visit of US House Speaker

  • Recap of this year’s ASEAN FM meet and look ahead

    This year’s edition of the ASEAN Foreign Ministers’ Meeting (AMM) hosted by Cambodia comes against the backdrop of heightened global tensions and increasing rivalry between major powers that have been compared to the animosity of the Cold War era. The following is The Post’