Logo of Phnom Penh Post newspaper Phnom Penh Post - New Chinese-backed PP mall to open in December

New Chinese-backed PP mall to open in December

Content image - Phnom Penh Post
The One Mall construction on a 12,000sqm plot is near The Bridge building in Phnom Penh’s Tonle Bassac district. Hong Menea

New Chinese-backed PP mall to open in December

A three-storey Chinese-backed mall in the capital will officially open in December this year, according to a company announcement on Thursday.

The One Mall project is led by The One Mall Management (Cambodia) Co., Ltd, a subsidiary of Chinese firm Ming Sheung International Investment Co., Ltd.

It is being constructed on a 12,000sqm plot near The Bridge building in Phnom Penh’s Tonle Bassac district.

The value of the firm’s investment has not been disclosed.

The One Mall will comprise of shops, a kid’s zone, a fitness centre, restaurants and clothing stores, according to the company. The rapidly progressing project’s construction began in June, with completion of the structure scheduled for October.

Chris Wong, Chairman of The One Mall Management, said that economic growth in the Kingdom prompted the company to invest in a large retail mall in the heart of Phnom Penh.

He added that The One Mall will play host to many local and international brands.

“To date, we are heartened that The One Mall has received support from long-standing retail brands in the Kingdom. The One Mall has a clear focus on offering different exposure to a social space where people spend their time experiencing, discovering and shopping,” Wong said.

The company will also open a new mall in Sihanoukville to attract Chinese clientele there, according to the company.

Ann Sothida, CBRE Cambodia Director, told The Post that The One Mall is in a good central location.

However, there are already two major malls nearby, so to be successful, investors need to have a clear understanding of customer needs, product launches and design, she said.

“There aren’t too many malls in Phnom Penh currently, but if this trend [of malls opening] continues, I think there will be problems in the next two or three years,” she said.

Sothida said that the current supply of malls in Phnom Penh is similar to that in Vietnam’s Ho Chi Minh City, but the Kingdom’s purchasing power is lower.

“What’s important is what kind of customers [investors] want to catch according to market needs,” she said.

A CBRE Cambodia report found that by the end of the second quarter of this year, there are 18 malls operating in Phnom Penh.


  • 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,

  • Private schools struggling

    The Cambodian Higher Education Association has claimed that 113 private educational establishments are facing bankruptcy because of their inability to pay rent and staff salaries in light of nationwide school closures caused by the Covid-19 outbreak. It said the financial trouble started when the Ministry of

  • 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

  • Temporarily laid-off workers to get just $70

    Prime Minister Hun Sen announced changes in the allowances for temporarily laid-off garment workers from receiving 60 per cent of the minimum wage to a flat $70 because factories cannot pay, he said. Workers will also not be required to attend training courses after more than 100 factories

  • 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

  • PM: Law likely next week

    Prime Minister Hun Sen said the draft law aiming to place the Kingdom in a state of emergency amid the Covid-19 pandemic is likely to be approved after the Khmer New Year, though he said there is a slim chance of enforcement given the current