sanddawg1 Posted September 1, 2010 Report Share Posted September 1, 2010 Just what they need?? By SOPHENG CHEANG, Associated Press Writer Sopheng Cheang, Associated Press Writer – 1 hr 1 min ago PHNOM PENH, Cambodia – Impoverished Cambodia plans to build a 1,820-foot (555-meter) skyscraper, its prime minister said Wednesday, a feat that would give one of the region's least-developed capitals the tallest building in Asia. Prime Minister Hun Sen said he had approved a master plan for the skyscraper, which would be located about half a mile (one kilometer) from the Royal Palace in Phnom Penh  a dusty city of colonial villas, slums and one standout skyscraper, the recently completed Canadia Tower that is about 377 feet (115 meters) high. Hun Sen did not say when construction would start, how much it would cost or give any other details, except that it would be built by a Cambodian company, Overseas Cambodia Investment Corp., owned by tycoon Pung Khiav Se. The company's project manager, Touch Samnang, said preliminary estimates suggest the building would cost $200 million, but the project was being studied by experts and government ministries. He said it would include a shopping mall, hotel, apartments and an entertainment center. That figure is dwarfed by the sum for what is currently Asia's tallest building, the Taipei 101 in Taiwan. Rising 1,667 feet (508 meters), it cost about $1.6 billion. It had been the world's tallest since 2004 but was overtaken in January when Dubai unveiled the Burj Khalifa, which rises 2,717 feet (828 meters) from the desert. Cambodia, whose commerce is tiny by international standards, has been experiencing a real estate bubble for the past few years, but several ambitious construction projects have been delayed or suspended. RINK Link to comment Share on other sites More sharing options...
Flashermac Posted September 1, 2010 Report Share Posted September 1, 2010 Wow ... I didn't go you could build anything that high using bamboo scaffolding. << He said it would include a shopping mall, hotel, apartments and an entertainment center. >> Yeah, right. Anyone seen that "skyscraper" in Penang - where only the first 3 or 4 floors are in use? Link to comment Share on other sites More sharing options...
chuckwoww Posted September 1, 2010 Report Share Posted September 1, 2010 I was in Pnom Penh when they opened the Soriya mall (2003?). There was a lot of interest in the escalator but not much shopping. Maybe things have changed. Link to comment Share on other sites More sharing options...
Hugh_Hoy Posted September 1, 2010 Report Share Posted September 1, 2010 CW...that particular mall had changed quite a bit between 2005 and last fall-the last two times I've been in it. Lots more shoppers and lots more vendors. Busy place. However, my local friends say they can get a lot of the same stuff a lower prices at a local market where the rents are cheaper. Advantages are shopping in a relatively clean and air conditioned venue and being able to sit at a table, consuming a chocolate sunday, and leer at the Swensen's sweeties (while contemplating how I'd gladly switch from licking a spoon to licking one of the servers). HH Link to comment Share on other sites More sharing options...
chuckwoww Posted September 1, 2010 Report Share Posted September 1, 2010 Yes the aircon was nice for a while but the burgers were bloody awful and the sundaes were 90% chemical. The people watching was fun but I always preferred the Russian Market. Link to comment Share on other sites More sharing options...
kamui Posted September 1, 2010 Report Share Posted September 1, 2010 This plan is utterly stupid - it smells of megalomania. PP is a Third World country capital. PP is a really small city with a very small upper class, a small middle class while most other people work for 60 USD per month or less. On the other hand there some luxury stores and smaller high end department stores in PP now. Nevertheless I wonder who should rent the luxury apartments and the really expensive office space in the new tower. BTW they just opened the first KFC close to the California 2 guesthouse. But they don't have a McDonalds yet and I have seen neither a Starbucks this summer... Link to comment Share on other sites More sharing options...
BadaBing Posted September 1, 2010 Report Share Posted September 1, 2010 Maybe Toxin is building himself a new crib.. Link to comment Share on other sites More sharing options...
Hugh_Hoy Posted September 1, 2010 Report Share Posted September 1, 2010 This plan is utterly stupid - it smells of megalomania. Wasn't Toxin a financial advisor? 55555555555 No pun intended, but I don't think most of us will live to see this thing get off the ground. HH Link to comment Share on other sites More sharing options...
LizardKing Posted September 1, 2010 Report Share Posted September 1, 2010 Good for the daily laugh. Thanks Sandy... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.