Prince Group Unveils Sustainable Development Masterplan by Surbana Jurong for Ream City in Sihanoukvi

• Published date: 08 February 2021
• Publication title: Xinhua Finance Agency

Cambodian conglomerate brings world-renowned expertise from Singapore to oversee 834-ha project, catalyzing growth in Cambodia's 3rd largest city/HONG KONG SAR - Media OutReach - 8 February 2021 - Canopy Sands Development, a member of Prince Holding Group, one of Cambodia's largest and fastest growing conglomerates, approved a masterplan for Ream City developed by Surbana Jurong Group, a global urban, infrastructure and managed services consultancy headquartered in Singapore. The masterplan specifies a land use plan for the 834-hectare project requiring total investments estimated at US$16 billion, and will be developed on reclaimed land conveniently located within a 10 minutes' drive from Sihanoukville International Airport.

Ream City will act as a catalyst for the growth prospects of the entire Sihanoukville region, Cambodia's third-largest city and home to the country's deep-water port.Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of residential and commercial activity that has the potential to house up to 130,000 residents (Link)A major part of the plan includes an extensive beachfront that stretches beyond 6km.

This will support a wide range of waterfront activities and inject vibrancy to the community. (Link) Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial and residential activity that has the potential to house up to 130,000 residents.

Upon completion, the masterplan envisions the construction of family attractions, condominiums...