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Thursday 13 January 2011

Coastal mall readies to open

biz2
Photo supplied
A computer-generated image shows the new Mittapheap Shopping Centre in Sihanoukville, part of the Pearl City Asia development near Sokha beach, which is set to open its doors “early” next month. The complex’s roof cost US$2 million alone.
Phnom Penh Post

Sihanoukville’s first shopping complex is set to open early next month, according to its project manager Tous Saphoeun.

Work on the US$10 million, two-storey Mittapheap Shopping Centre is nearly complete, with developers aiming to let out some 800 shops to merchants, he confirmed.

“We are the first shopping mall in Sihanoukville,” he said.

“We will attract clients to come here because of the prime location.”

Owned by prominent businessman Khaou Sambath, managing director of Thai Boon Roong Company and son of Theng Bunma, it is part of the Pearl City Asia development.

It sits on 62 hectares in Mittapheap district in front of Sokha beach, with parking for 1,500 vehicles.

The roof for the complex cost $2 million alone, said Tous Saphoeun.

“We are nearly complete, and we will open doors for our clients in February.”

Although opening is one month away, Tous Saphoeun claimed the cost to rent one of the 800 shops had not been set.

Shop rental prices would be unveiled at the grand opening, he said.

Ministry of Tourism director General Tith Chantha said he welcomed the project, adding that he hoped it would attract local and international tourists to the coastal regions.

“This will play a part in developing tourism and boosting the sector,” he said.

...read the full story in tomorrow’s Phnom Penh Post or see the updated story online from 3PM UTC/GMT +7 hours.

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