Ground broken on Koh Pich for Japan-Cambodia venture

13 December 2012
The Phnom Penh Post
Economy and commerce / Investment
business ventures / Chinese aid / foreign investors / investments / Japanese aid / Japanese hotel / joint investment / Koh Pich / Korea / Ministry of Land Management Urban Planning and Construction / OCIC / political stability / Siem Reap Province / South East Asia / Toyoko Inn / Visitors

Popular Japanese hotel chain Toyoko Inn has embarked on a joint-investment with Cambodian company OCIC to build a three-star hotel on Phnom Penh’s Koh Pich, to cater to the growth of foreign investors and visitors to Cambodia. The groundbreaking ceremony for the 22-storey, 304 unit Toyoko Inn Phnom Penh took place yesterday. Construction of the hotel will cost $500 million. …

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