A40-storey commercial building in Phnom Penh, Chief Tower, broke ground on Thursday.

The project is developed under a new company, JS Property International Co Ltd – a joint venture between JS & Partner and Chief Real Estate Development (Cambodia) Ltd. Its investment capital was undisclosed.

The building is located on Monivong Boulevard in the capital’s Boeung Keng Kang I district. Thursday’s groundbreaking ceremony was presided over by Minister of Environment Say Sam Al.

The 158m tall building will be mixed-use and include retail shops, food and beverage stores, hotels and offices, according to a company press release.

Sam Al said the Chief Tower project demonstrates progress for the Kingdom, providing luxury business locations and accommodation.

He said the building will be constructed in compliance with environmental standards.

“I believe [the building] will set an example, in terms of main smart-building features and both technical and aesthetic quality, with a stylish design reflecting Khmer culture and civilisation and environmental safety according to green-space standards,” he said.http://www.phnompenhpost.com/post-property/chief-tower-breaks-ground