Logo of Phnom Penh Post newspaper Phnom Penh Post - HLH replaces contractor for Sihanoukville project

HLH replaces contractor for Sihanoukville project

A rendering of Sihanoukville's planned D’Seaview development. Photo supplied
A rendering of Sihanoukville's planned D’Seaview development. Photo supplied

HLH replaces contractor for Sihanoukville project

Singapore's HLH Group, the developer of the mixed-use D’Seaview project in Sihanoukville, announced yesterday that it has severed ties with Yanjian Group Co Ltd and has awarded the $35 million project to the Chinese state-owned energy and construction firm Sinohydro Corporation Ltd.

Dylan Ong, business development manager for HLH, said yesterday that company chose Sinohydro as lead contractor because the company “was more price competitive” and that Yanijan could not meet the requirements of the construction agreement.

“We kept the $10,000 tender placed by Yanijan, which is standard market practice,” he said. “Sinohydro has a better image, is a more trusted partner and can build with quality.”

The mixed-use complex, once completed, will comprise more than 700 condominium units, as well as a 98-room boutique hotel. The property will also include shopping areas and restaurants.

Ong said that the change in contractors would not delay the construction of the development, slated for completion in 2018.

“We have already reached 53 percent sales for residential units and have to make sure that construction is completed on time,” he said.

Sinohydro and its subsidiaries are involved in large-scale construction and infrastructure projects. The company was responsible for construction and operation of the 193-megawatt Kamchay hydroelectric dam in Kampot province.

MOST VIEWED

  • Cambodia unveils new quarantine regulations

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Cambodia sets new Covid-19 quarantine rules

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Hun Sen: Cambodia set to fully reopen

    Prime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • Cambodia voted ‘world’s friendliest country’ in Rough Guides reader poll

    Cambodia ranked number one among the “World’s Friendliest Countries”, according to a reader poll conducted by London-based international website “Rough Guides”. Taking submissions through Twitter and Facebook, “Rough Guides”, a well-known travel agency and publisher of guidebooks, said the Kingdom “was by far the

  • S’ville set to turn into ‘second Shenzhen’

    The Ministry of Economy and Finance has awarded a master plan consultancy contract to top Chinese institute for the development and transformation of Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone”, Southeast Asia’s next logistics and resort hub and innovation centre. The