Peninsula Bay Investment Co., Ltd. is investing $527 million in a 5-star hotel and commercial center project in Preah Sihanouk province, and local authorities are strongly supporting the project.

On Wednesday, Long Dimanche, Deputy Governor of Preah Sihanouk province, presided over a meeting to discuss and gather feedback on the full environmental impact assessment study for the 5-star hotel and commercial center project by Peninsula Bay Investment Co., Ltd, according to Preah Sihanouk Provincial Administration’s news release.

The Provincial Administration said the project, with an estimated investment capital of approximately $527 million, is located in Sangkat No. 4, Preah Sihanouk city, Preah Sihanouk province.https://www.khmertimeskh.com/501647838/local-authorities-back-527m-5-star-hotel-and-commercial-centre-project-in-preah-sihanouk/