Share
$50M hotel set for Sihanoukville
Thu, 6 May 2021
The Preah Sihanouk provincial authority and private sector has welcomed a $48.7 million investment in a new five-star hotel, which observers note will better equip the province to serve tourist arrivals in the years to come.
The Council for the Development of Cambodia (CDC) on May 5 gave JinBei Palace Co Ltd the nod for its 195-room venture in Sihanoukville s Commune IV.
Provincial Department of Tourism director Taing Sochet Kresna welcomed the project, saying that the tourism situation in Preah Sihanouk will improve significantly after Covid-19 has been brought under control, and further benefited by what he said are the often thoroughly-researched locations of investment projects.