Sihanoukville Transformation

The masterplan for Ream City in Cambodia's Sihanoukville province, set to transform the region into an exciting destination, was recently unveiled. With a beachfront that stretches for more than 6 kilometres, this large-scale development will include a sustainable ecosystem of tourism, commercial, and residential activity, with the capacity to house up to 130,000 people.

The 834-ha project is being developed by Canopy Sands Development, a member of the Cambodian conglomerate Prince Holding Group, and will include family attractions, condominiums, landed and beachfront homes and affordable housing estates, shopping malls, business hubs, beach resorts, hotels, condotels, yacht and marina club. https://en.wikipedia.org/wiki/Economy_of_Cambodia

The completion of the masterplan, which was undertaken by Singapore-based Surbana Jurong Group, is a significant step toward making Ream City a reality.

“We are currently preparing for downstream developments, including utilities and road infrastructure as well as secondary developments. This will require sourcing the right consultants to assist us in conceptualising and designing what will be an iconic development. We will make announcements at a later stage,” said Khong Weng Fook, managing director of Canopy Sands Development.

According to Mr Khong, Ream City will be built in three phases over a period of more than 20 years.

The first phase, or start-up phase, of a 50-ha project is expected to be completed in 2025. “It will comprise the main components of our Integrated Resort complex, including MICE facilities and hotels. Residential developments are also planned to cater to the expected demand.”

Phase 2 is a 357-ha project that will be completed in 2035, while Phase 3 is a 427-ha project that will be completed in 2045.