Logo of Phnom Penh Post newspaper Phnom Penh Post - Royal Group set to build hotel on Koh Rong

Royal Group set to build hotel on Koh Rong

Royal Group set to build hotel on Koh Rong

The Royal Group, in partnership with a Thailand-based Swiss investor, will build a 148-room five-star hotel on Preah Sihanouk’s Koh Rong island, with the group having completed a ground-breaking ceremony on Saturday.

Khin Remy, an assistant to Kith Meng, the chairman of Royal Group, said the new villa-style resort will be called Royal Sands Koh Rong Resort, and will cost $40 million during the first phase of construction.

“Construction will start on Sunday [yesterday] and the hotel will be completed by December 2016,” Remy said.

Luzi Matzig, chairman of Thailand-based tourism firm Asian Trails Group and a partner in the project, said that once the hotel was completed, tour operators in Cambodia could use the hotel to attract more tourists to the island, especially after they visit popular tourist destinations, like Angkor Wat and Phnom Penh.

“[The visitors] will not have to go to Vietnam and Thailand for their beach holiday,” he added.

Ho Vandy, an adviser to the Cambodia Chamber of Commerce, said an increasing number of tourists travelling to Koh Rong had resulted in a spur in investments.

He attributed this to an increase in foreign tourists, who were now more aware of Cambodia’s coastal offerings.

However, Vandy said this increased investment could also affect the environment around the islands, and said local officials needed to monitor the impact of increased tourist arrivals on the natural surroundings.

“Before the arrival of tourists, the environment [in Koh Rong] was good. But after investment has come in for the development of hotels, restaurants, environmental pollution has increased”, he said.

In 2008, the Royal Group was granted a 99-year concessional contract by the Cambodian government to develop the island.

According to the Tourism Ministry, 47,000 tourists visited Koh Rong during the first nine months of the year, largely dominated by foreign travellers, with local tourists accounting for only 17,000 of those visitors.

MOST VIEWED

  • Companies listed on CSX receive 50% deduction on income tax

    Tax incentives are granted to companies that have listed their shares or issued debt securities on the Cambodia Securities Exchange (CSX), whether they are small to medium-sized enterprises or large companies. The nine stock listed companies on the CSX – with seven listed on the Main

  • Siem Reap drain canal now ‘mangrove’ promenade

    A more than half a kilometre long stretch of canal in Siem Reap has been covered and turned into a promenade to attract visitors, said Ly Rasmey, secretary of state at the Ministry of Land Management, Urban Planning and Construction, on September 16. The new pedestrianised

  • Cambodia mourns over UK’s Queen Elizabeth II

    Cambodia has joined other nations around the world to mourn the passing of Queen Elizabeth II, with King Norodom Sihanomi, Prime Minister Hun Sen and National Assembly president Heng Samrin extending their condolences in separate letters. In his letter to the late Queen’s son –

  • Final verdicts for Khmer Rouge leaders ‘vital’ for next generation

    Nearly a decade after the commencement of Case 002/02 against Khieu Samphan back in 2014, the Extraordinary Chambers in the Courts of Cambodia (ECCC) is now set to deliver its final verdict for the former Khmer Rouge head of state. The Supreme Court Chamber of the ECCC,

  • Angkor wildlife, aquarium park still to open October

    The Angkor Wildlife and Aquarium complex about 30km southeast of Siem Reap town with initial total investment of more than $70 million is reportedly still on track for an end-October opening. The park is located on a 100ha plot along National Road 6 in Kbon village, Khchas

  • Railway project studies proceed

    The transport ministry is exploring options to expedite preliminary studies on key public railway infrastructure projects, especially the conversion of the Northern Railway Line that links to Thailand into high-speed rail. Railway freight and passenger transportation has been pinpointed as a major potential engine of