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.

MOST VIEWED

  • Khmer New Year holidays postponed

    In an effort to halt Covid-19 infections in the Kingdom, Prime Minister Hun Sen has postponed the Khmer New Year holidays scheduled from April 13 to 16. While the people will not have their usual break, nor will there be any public celebrations or gatherings at pagodas,

  • No word on state of emergency

    The National Assembly (NA) said it will postpone all unnecessary meetings in line with guidance from the Ministry of Health and the World Health Organisation (WHO) amid the Covid-19 pandemic. However, it did not say when or how it will debate the “state of emergency”

  • State of emergency draft law set for NA

    A draft law aiming to place the Kingdom in a state of emergency amid the Covid-19 pandemic is set for a debate at the National Assembly (NA) after going through the Council of Ministers’ Standing Committee meeting led by Prime Minister Hun Sen on Tuesday.

  • NA, Senate set for bill on ‘emergency’

    Prime Minister Hun Sen has requested the Senate to convene an extraordinary meeting to review the draft law that aims to put the Kingdom in a state of emergency after the bill reached the National Assembly (NA) on Friday. The draft law, which was approved

  • Tourists can now prolong their stay

    The Ministry of Foreign Affairs and International Cooperation said tourists holding Visa T and arriving in the Kingdom after January 1 will be allowed to prolong their stay until they are able to return home. The decision comes as Cambodia and most countries take measures to

  • Hun Sen, ministers, officials donate salaries in virus fight

    Prime Minister Hun Sen and other senior government officials have decided to donate their salaries to the National Committee for Combating Covid-19 in support of the ongoing battle against the coronavirus. Hun Sen announced in an April 1 letter that because the Covid-19 situation in Cambodia