Phnom Penh: CANADIA Tower gets competition from VATTANAC Capital Tower.
Canadia aka OCIC Tower is located in the heart of what has recently become Phnom Penh’s banking area. The building compromises of 32 stories with Canadia Bank’s headquarters occupying a significant part of it.
OCIC aka Canadia Tower (l) and Vattanac Capital Tower (r) in cnstruction.
Vattanac Capital Tower will be Phnom Penh’s most prestigious building, constructed to the highest international standard for Cambodia’s emerging finance and business community.
The future shape of Vattanac Capital Tower, Phnom Penh.
P.S.
- Already today there is a large oversupply of office space: newly constructed office building are empty or only partly rented out.
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This tower is very elegant and original, il look like a dragon with a head, I like it very much. I don’t like the canadia tower ( OCIC tower ), there is no style, no charm, it’s too chinese, it doesn’t go to khmer architechture. In this time there is a oversupply but let the government manage to look for foreign compagnies and there will be non problem. We must be optimist, Cambodia will be strong if we are in solidarity. But if we want foreign investors come please we must absolutely cut down the corruption.
true
I came to make a small investment in Cambodia
loved the country but immigration officials held me up for excess money at the border
first time ever that I ended up in a room negotiating my visa fee
and scary stories of police and officials seizing properties and businesses scared me off from investing
I may return for a while and rent in hopes of getting a clearer picture of corruption there
I would like to find out if some of the stories have validity or are exaggerated
my experience with the immigration people gives credence to the rumors