Construction projects of Vatanac Tower in Phnom Penh ( Photo: By VAtanac)
Vattanac Capital Development will consist of a 38-storey tower, a 6-storey “floating” tower and a retail podium with a total gross floor area of 129,000 m² offering a mixture of prime offices, high class retail and luxury serviced apartments, its report said.
it added: Construction of Vattanac Capital Development has already begun in earnest with the first phase of the development ready for tenant occupation by May 2012 and the project will complete in its entirety by October 2012. The luxury retail podium with designer brands and restaurants will span the ground and first levels, anchored by Vattanac Bank.
The Bank’s headquarter with a 38-story skyscraper is building on Monivong Monivong Boulevard near Acleda Band’s headquarters and the 30-story Canadia Bank building. Beside the investment in Bank, the bank’s owner, Sam Ang, also have stakes in real estate companies, an industrial park, and Cambodia Brewery Limited – Anchor beer and Tiger beer.
The bank had the total assets of $190 million at the end of 2008, with total lending of $103.89 million. Vattanak bank which operated since 2002 with a $13 million investment has two branches- one in Phnom Penh in 2002 and other in Siem Reap province in 2005.
it added: Construction of Vattanac Capital Development has already begun in earnest with the first phase of the development ready for tenant occupation by May 2012 and the project will complete in its entirety by October 2012. The luxury retail podium with designer brands and restaurants will span the ground and first levels, anchored by Vattanac Bank.
The Bank’s headquarter with a 38-story skyscraper is building on Monivong Monivong Boulevard near Acleda Band’s headquarters and the 30-story Canadia Bank building. Beside the investment in Bank, the bank’s owner, Sam Ang, also have stakes in real estate companies, an industrial park, and Cambodia Brewery Limited – Anchor beer and Tiger beer.
The bank had the total assets of $190 million at the end of 2008, with total lending of $103.89 million. Vattanak bank which operated since 2002 with a $13 million investment has two branches- one in Phnom Penh in 2002 and other in Siem Reap province in 2005.
Vatanac Tower 's project in Phnom Penh downtown will be finished in October 2012
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