[SIHANOUKVILLE, CAMBODIA – Dec 21, 2022] Canopy Sands Development key management together with Sihanoukville Provincial Governor, H.E. Kuoch Chamroeun led a groundbreaking ceremony yesterday at the site of its 934-ha BAY OF LIGHTS township project in Ream, Sihanoukville.

The groundbreaking ceremony marks a new renaissance for Sihanoukville, as the developer is building a bustling coastal city that could more closely resemble elite cities in the neighboring regions. The BAY OF LIGHTS is set to build 9 districts of Gateway, Riverside, Golf, CBD, Marina, Downtown East, Downtown West, South, and Seagate.

Managing Director, Ian Tan, said they expect construction for Startup Phase of 50-ha, a key catalyst for the 934-ha BAY OF LIGHTS township to complete in 2030, starting with the commencement of this entertainment hub featuring a beach club, 60 keys cabin lodging along the coastline, a go-kart track, reverse bungee jump, and paintball, to complete by the first half of 2023.

“Sihanoukville being Cambodia’s only coastal region, will play a key role in continuing Cambodia’s fast growth over the next decade. Being a relatively untapped market across the ASEAN region, one of the biggest markets in the world, we are confident that BAY OF LIGHTS will accelerate this trajectory further,” said Ian Tan.

Canopy Sands Development is also elated about its strategic collaboration with Prince Real Estate Group as the company’s secondary development partner, leveraging the seasoned developer’s experience in delivering commercial developments.

“With this 934-ha project taking off so rapidly, we envisage to provide job opportunities, train young Cambodian professionals, and in turn inject enormous momentum, to the urban development and the national economy of Cambodia, specifically the province of Sihanoukville,” Edward Lee, Chief Executive Officer of Prince Real Estate Group, stated during the groundbreaking ceremony.

[Sihanoukville, 21 December 2022] Canopy Sands Development key management together with Sihanoukville Provincial Governor, H.E. Kuoch Chamroeun led a groundbreaking ceremony yesterday at the site of its 934-ha BAY OF LIGHTS township project in Ream, Sihanoukville.

The groundbreaking ceremony marks a new renaissance for Sihanoukville, as the developer is building a bustling coastal city that could more closely resemble elite cities in the neighboring regions. The BAY OF LIGHTS is set to build 9 districts of Gateway, Riverside, Golf, CBD, Marina, Downtown East, Downtown West, South, and Seagate.

Managing Director, Ian Tan, said they expect construction for Startup Phase of 50-ha, a key catalyst for the 934-ha BAY OF LIGHTS township to complete in 2030, starting with the commencement of this entertainment hub featuring a beach club, 60 keys cabin lodging along the coastline, a go-kart track, reverse bungee jump, and paintball, to complete by the first half of 2023.

“Sihanoukville being Cambodia’s only coastal region, will play a key role in continuing Cambodia’s fast growth over the next decade. Being a relatively untapped market across the ASEAN region, one of the biggest markets in the world, we are confident that BAY OF LIGHTS will accelerate this trajectory further,” said Ian Tan.

Canopy Sands Development is also elated about its strategic collaboration with Prince Real Estate Group as the company’s secondary development partner, leveraging the seasoned developer’s experience in delivering commercial developments.

“With this 934-ha project taking off so rapidly, we envisage to provide job opportunities, train young Cambodian professionals, and in turn inject enormous momentum, to the urban development and the national economy of Cambodia, specifically the province of Sihanoukville,” Edward Lee, Chief Executive Officer of Prince Real Estate Group, stated during the groundbreaking ceremony.

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