Canopy Sands Development, who is the lead developer on the Bay of Lights project, together with Sihanoukville Provincial Governor, H.E. Kuoch Chamroeun organised a groundbreaking ceremony at the site of its 934-hectare project in Ream City, Sihanoukville.
The massive project is forecasted to increase tourism by 3 million visitors by 2030, adding 330,000 new jobs by 2040, and contributing 40,000 new dwellings to the additional population growth of 160,000 people by 2050 which is estimated to cost around USD$20 billion.
The development focuses on six key pillars; Tourism, Entertainment & Lifestyle, Health & Wellness, Education, Arts & Culture and Financial Services.
The key attractions will include; a golf & villa resort; marina; performance theatre; tourism walking streets; shopping malls; medical centre; financial hub; integrated resorts; international school & university; private islands and luxury villas.
Canopy Sands Development Managing Director, Ian Tan, said they expect construction of the integrated entertainment hub of 42,106 m2 to start construction in May 2023.
“Cambodia, despite its fast growth over the past decade, is still a relatively untapped market across the ASEAN region, one of the biggest markets in the world, and we are excited about how Bay of Lights will accelerate this trajectory further,” he said.
Although the total project vision is aimed to be completed in 2050, a number of attractions will be completed between 2023-2024 which should be beneficial for tourists, businesses, hotels and potential partner developers.
You can read more about the Bay of Light project’s ambitions here.
In 2023 the following are due for completion at the Bay of Lights:
- Bay of Lights Beach Club: With a total land area of 9,000 m2, the beach club features a pool bar, DJ booth, cabanas, al-fresco dining, and a grass lawn that will host exclusive beach parties and regional guest DJs.
- Cabins Lodge: Nestled along the coastline, the 60 keys cabins cover 12,000 m2 – targeted to be operational in Q2 2023.
- Reverse Bungee Jump: Able to reach a high point of 32 meters, and situated on 1,000 m2 of land, the reverse bungee jump facility will be the first coastal bungee in Cambodia – targeted to be operational in Q2 2023.
- Go-Karting: Serving an area of 18,000 m2, the karting track of 1.3 km is expected to host mini-karting championships.
- Paintball: The paintball park covers 2,106 m2 and will feature modern warfare games, suitable for team building and friendly competitions.