Logo of Phnom Penh Post newspaper Phnom Penh Post - Sihanoukville’s first shopping centre holds soft opening

Sihanoukville’s first shopping centre holds soft opening

Sihanoukville’s first shopping centre holds soft opening

Furi Times Square, developed with $10 million of investment in response to the flow of foreign tourists and investment into the province, held a soft opening on Monday.

Construction on Sihanoukville’s first shopping mall – a joint venture between local firm Furi Real Estate and a Chinese investor – began in September last year.

Set on 1ha of land, Furi Times Square has a total space of 15,000sqm spread across five floors.

Furi Real Estate sales manager Lim Sokha Davin told The Post on Tuesday that in the pilot phase, only the first and second floors would be open for entertainment, with the official opening ceremony scheduled soon.

Furi Times Square will have many international brands as tenants, including KFC, Starbucks, Levi’s, Nike and G-Shock.

“[So far] during the launch, I have seen a lot of local and foreign customers coming into Furi Times Square,” Sokha Davin said.

She said the shopping space occupancy rate so far stood at around 80 per cent. Rental fees have not been disclosed.

Furi Times Square’s ground floor will be used for a supermarket, the first floor for food and beverages, and the second for clothing stores.

The third floor has been allocated for a large food store, the fourth for cinemas and entertainment, while the fifth floor is to house a skybar.

With Preah Sihanouk province having seen a steady increase in tourist arrivals, Sokha Davin said the demand for supermarkets is increasing.

“The government’s policy to develop Preah Sihanouk province will increase its population and the number of tourists, so the demand for business centres will also increase in the future,” she said.

Last year, the province welcomed some two million tourists.

Preah Sihanouk provincial governor Kouch Chamroeun previously told The Post that there were 922 commercial and service industry establishments in the province as of the end of June.

Chamroeun said the construction sector has seen remarkable growth. Between 2007 and July this year, 819 projects had been approved in the province, of which 218 were between five and 42 storeys tall.

According to a report by the Ministry of Land Management, Urban Planning and Construction, the Cambodian construction sector’s capital investment in 2019 was around $9 billion.

This is an increase of 78 per cent compared with 2018, with most of the growth resulting from construction in Preah Sihanouk province.

MOST VIEWED

  • Chikungunya hits 15 provinces, says gov’t

    Ministry of Health spokeswoman Or Vandine said on Thursday that the chikungunya outbreak in the Kingdom has spread to 15 provinces. Some 1,700 people are now suspected to have the disease. Vandine urged people to prevent its further spread by eliminating shelters for the Aedes aegypti mosquitoes

  • Body of woman killed in Bangkok returns

    The Cambodian embassy in Thailand is working to repatriate the body of a casino dealer who was shot dead in Bangkok on Monday night. Ministry of Foreign Affairs and International Cooperation spokesman Kuy Kuong told The Post on Wednesday that officials are preparing paperwork to

  • Gov’t exempts visa A and B holders from Covid fees

    Airline passengers who are diplomats and officials of international organisations holding Type A and B visas for travel to Cambodia are exempted from paying Covid-19 testing fees, said the Ministry of Health in its latest adjustment of rules on Wednesday. Health Minister Mam Bun Heng

  • All inbound flights set to face added scrutiny

    Ministry of Health spokesperson Or Vandine said on Monday that the ministry is monitoring all inbound flights, after it was announced that only those from Malaysia and Indonesia will be temporarily cancelled from August 1. Vandine said on Monday that the two countries were identified as