Subscribe Search

Search form

River banks under construction by OCIC Company for start of 555-metre building

River banks under construction by OCIC Company for start of 555-metre building


OCIC Company, which is currently building Diamond Island City, has begun preparing the riverbanks around the island by filling stones into the river for the construction of a 555-metre tall tower, a building that would become the tallest in ASEAN.


Mr. Touch Samnang, Managing Director of the Diamond Island City Project, told Post Property that it is now preparing the riverbanks before starting the construction of the 555-meter building, which will contain condominiums, hotels, restaurants and office space.

He said “We have already taken soil to the laboratory for experiments and found that this location can be built on, but the exact date for the start of this building construction has not been set yet.” Touch added that international experts were being brought in to help with surveying the site: “there are a lot of engineers from overseas coming to conduct the study. The construction of this building will cost $200 million”.

According to Mr. Meng Chamroeun, Section Manager of Diamond Island Project, the tower will enhance the beauty of the island, and will become a landmark building in Phnom Penh. But he couldn’t say when construction might start as “now the river banks are being expanded to the site we want to build on, because the building will be constructed in parallel with the Independence Monument and the Samdech Chuon Nat Statue.”

He added “from my point of view, this project cannot be constructed in a quick way, at least three or four years, because the company is hiring engineers from China to study the river banks.”

Mr. Sung Bonna, Director of Bunna Realty Group and Chairman of Cambodia Real Estate Valuation Association, said “if we are able to construct this building, it will be a good thing because this building represents the identity of this era.

Mr. Beng Hong Socheat Khemaro, spokesman for the Ministry of Land Management, Urban Planning and Construction, said if Cambodia is able to construct the building, it would be good in terms of attracting more investors, and it would show that Cambodia’s economy is moving forward and has the ability to construct a building valued at hundreds of millions of dollars.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Peeling back layers of prehistory in Battambang

    When the man passed away, he had not yet reached 50. He belonged to a tribe that had settled near the Sangker River in Battambang province, likely cultivating the fields and raising animals. On the side, they hunted for boars, and even turtles, one of which