Massive resort breaks ground on coast

The company behind the project, Chinese property conglomerate Prince Real Estate Group, hailed the development as a “new landmark in the property sector in the coast.”

According to a company announcement, works on the project’s foundation began in August last year, with the main construction work starting last week.

“The foundation of the project has been laid, and now work is beginning on the main structure.

“The estimated date for completion is March 2023,” the company said.

“Prince Tian Xi Wan is a masterpiece of international coastal resort of 340,000 square metres in Sihanoukville,” the company said, adding that it is strategically located along Victory Beach adjacent to the provincial town.

The project, which will be developed by China Construction Fourth Engineering Division (Cambodia) Corp., Ltd, will comprise a five-star hotel, five-star standard serviced apartments, the largest duty-free shop in Sihanoukville, a luxury shopping walk, an IMAX cinema, a yacht dock, and beach bathing, Prince Real Estate Group said.

“As a leading enterprise in the Cambodian real estate industry, the Group owns a land reserve of over 12 million square metres, a reserve volume of development of more than 20 million square metres, and an investment capital exceeding $2 billion,” it added.

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