Logo of Phnom Penh Post newspaper Phnom Penh Post - City mulls sub-street parking, shopping

City mulls sub-street parking, shopping

City mulls sub-street parking, shopping

Phnom Penh is studying the feasibility to build a more than $20 million underground mall and parking garage east of the Naga Bridge, under a private investment, an official said yesterday.

Edisijuta Cambodia Pte, Ltd would build the four-level subterranean shopping centre and parking structure, said Ieng Aunny, deputy Phnom Penh governor. The project would be located near what is now Freedom Park, and bounded by streets 106 and 108, and streets 13 and 19. “We are studying about it,” Aunny said.

At this stage, officials are only exploring the technical aspects of the project, he said. But the investment would come from the company. Officials hope to get the project done in two to three years, he added.

On Wednesday, Phnom Penh Governor Pa Socheatvong met with representatives from Edisijuta Cambodia and the Japan International Cooperation Agency because the project would affect JICA’s sewer pipes. Officials wanted to know if it would be possible to move the sewer pipe in order to move forward with the project, Aunny said.

Ma Sithay, deputy chief executive officer for Edisijuta Cambodia – a subsidiary of a Malaysian parking management company – said the underground structure would include retail outlets and restaurants, and would continue to be a public garden at street level. “The [estimated] project cost is between $21 million and $23 million,” he said, noting that City Hall still needed to approve the plan.

The capital recently completed a large underground carpark adjacent to the city’s railway station, near Canadia and Vattanac towers, Aunny said.

MOST VIEWED

  • Hun Sen: Full country reopening to be decided in two weeks

    Prime Minister Hun Sen has announced that if the Covid-19 situation remains stable for 15 consecutive days from the end of the October 5-7 Pchum Ben public holiday, Cambodia will reopen fully, albeit in the context of Covid-19 whereby people have to adjust their lives to

  • 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