CDC okays two S’ville hotels

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Adam Xie
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Cambodia

CDC okays two S’ville hotels

Post by Adam Xie »

Phnom Penh Post:

The Council for the Development of Cambodia (CDC) last week approved two Chinese-invested hotel projects in Sihanoukville worth $379 million, it said in a Facebook post.

The two five-star hotels by Xigang V-Continent International Investment Co Ltd and Hai Gang Grand Hotel Co Ltd have a combined total of 2,911 rooms, said the CDC.

Xigang V-Continent International Investment’s $226 million hotel, it said, will comprise 1,111 rooms and will be located in Sihanoukville’s Commune III while Hai Gang Grand Hotel’s $153 million investment will comprise 900 rooms and be located in Commune IV.

The CDC has not provided details of when the projects are scheduled to begin construction.

https://www.phnompenhpost.com/business/ ... lle-hotels

I wonder whats the logic behind this..inspiration is needed for this news....
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