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.