Construction on a new 16-story Sokha Hotel owned by Sokimex Group will begin August 1, according to the head of the company that recently won the contract to build the $100 million hotel.
Thierry Loustau-Khao, managing director of LBL International, said construction work was scheduled to be completed in 2011.
The French-Cambodian construction firm signed a contract with Sokimex to build the domestic conglomerate's third hotel on July 20.
"We are pleased and proud at having been selected after a large tender process by ... Sok Kong to build the biggest hotel in Cambodia," Loustau-Khao said.
Svay Vuthy, executive assistant to Sokimex chairman Sok Kong, said the 120,000-square-metre, 800-room "five star" hotel on Phnom Penh's Chroy Changvar Peninsular would be launched in 2012.
The hotel will also feature two conference rooms with seating capacity for 1,500 persons and parking spaces for 1,000 cars.
The hotel is situated on 6 hectares on the opposite side of the Tonle Sap river from Phnom Penh.
Sok Kong told the Post last August at the hotel's official groundbreaking that the hotel's conference facilities would be a key selling point. "It will raise Cambodia's reputation internationally."
Sokimex also operates Sokha hotels in Sihanoukville and Siem Reap.