Olympia Plaza mall planned for Phnom Penh
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A new US$60 million, seven-story shopping centre is to be built in downtown Phnom Penh, the capital city of Cambodia.
Olympia Plaza will be built by Overseas Cambodia Investment Corporation (OCIC), to be located inside its mixed-use Olympia City project in central Phnom Penh.
“We will invest $60 million in construction costs alone to build Olympia Plaza,” said Touch Samnang, deputy director-general of OCIC.
“If there are no changes in the plans, [the mall] will be finished by the middle of 2017.”
The centre will have 100,000 sqm of retail space for lease. Anchors and details of property management, have yet to be revealed.
Construction has already commenced.
Questions & Answers
Q.Who is developing the new shopping centre in Phnom Penh?
Who is developing the new shopping centre in Phnom Penh?
The Olympia Plaza mall is being built by Overseas Cambodia Investment Corporation (OCIC). The company is also developing the wider Olympia City mixed-use project.
Q.What is the estimated total cost for the construction of Olympia Plaza?
What is the estimated total cost for the construction of Olympia Plaza?
The investment for construction costs alone for Olympia Plaza is stated to be US$60 million. This figure was confirmed by OCIC's deputy director-general.
Q.When is the Olympia Plaza mall expected to be completed?
When is the Olympia Plaza mall expected to be completed?
If there are no changes to the current plans, the mall is anticipated to be finished by the middle of 2017. Construction work on the project has already begun.
Q.How much retail space will Olympia Plaza offer for businesses?
How much retail space will Olympia Plaza offer for businesses?
Olympia Plaza will feature 100,000 square metres of retail space available for lease. Details regarding anchor tenants and property management have not yet been disclosed.
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