Compass Real Estate > Cambodia Real Estate Information > News > A Chinese firm invests more than $ 88 million to build a hotel in Ream area in Sihanoukville

A Chinese firm invests more than $ 88 million to build a hotel in Ream area in Sihanoukville

2019-02-20
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Summary:A large Chinese company named “NANJING DADI CONSTRUCTION (CAMBODIA) DEVELOPMENT GROUP CO., LTD has announced an $88 million investment to build a hotel with hospitality services in Ream area in Sihanoukville.

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Sihanukeville: A large Chinese company named “NANJING DADI CONSTRUCTION (CAMBODIA) DEVELOPMENT GROUP CO., LTD has announced an $88 million investment to build a hotel with hospitality services in Ream area in Sihanoukville.

The project has an investment capital of approximately $88.4 million and will create 2,598 jobs.

“With the increase in investment from international and local investors, especially Chinese investors, they have raised the income of the people in Sihanoukville to over $3,000 per person per year,” he said.

With increasing number of tourists and rising investment, the government and investment firm of Cambodia have begun to expand the larger Sihanoukville airport, which can allow medium-sized aircraft loaded with 400 passengers on board to land. The capacity of the airplane after expansion can accommodate 10 million passengers a year, and can accommodate more passengers and more landing.

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