Logo of Phnom Penh Post newspaper Phnom Penh Post - Work starts on Aspara hotel

Work starts on Aspara hotel

Work starts on Aspara hotel

GROUND was broken on a major new hotel in Siem Reap on Feb 8, the first such

undertaking in Cambodia's major tourist destination by a foreign investor since

the passage of the new investment law last August.

A $7.5 million

project of Apsara Holdings of Singapore, the Apsara Villa Khmer Hotel - when

completed in mid-1996 - will comprise 100 rooms and is being constructed in the

"Khmer village style" according to architect and project manager Garth Sheldon.

The hotel will be only one story high, with accomodations built on stilts,

according to Sheldon.

Hotel Properties Ltd, a company listed on the

Singapore Stock Exchange, is the major shareholder of the venture and is owned

by Ong Beng Seng, who has won fame in his home country by being named

"Businessman of the Year".

Construction began on a site on the main road

to the Angkor Wat Temple complex, just south of the exclusion zone and north of

the fabled Grand Hotel.

The hotel will be managed by the Concorde chain

which runs numerous tourist-related properties in Southeast Asia. Hotel

Properties Ltd. also holds the rights in Asia for the Hard Rock Cafes and Planet

Hollywood restaurants.

Sheldon says that both the Ministry of Tourism and

Minister of Culture Van Molyvann, himself an architect, were "very supportive"

of the project idea. It is expected that 350 people will be employed during peak

construction and that the hotel will employ around 200 when up and running.

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