Construction of Thai Boon Roong’s Twin Trade Center set for August

The construction of Thai Boon Roong’s Twin Trade Center is set to kick off in August after the initial plan for mid-2017, said Tous Sophoeun, deputy secretary general of Board of Architects Cambodia (BAC) and one of the architects working on the twin towers’ design. The project, with an estimate investment capital of $5.1bn, is set to be built on the former amusement park Dreamland’s 4.97-hectare complex and will be 133 storeys towering 500 meters. If completed, it would stand taller than the Petronas Twin Towers in Kula Lumpur which has a height of 450 meters. Thida Ann, deputy director of real estate firm CBRE Cambodia, remarked that the stature of building was a bit too large for Phnom Penh considering the weakening demand in the market and emerging oversupply. Mey Kalyan, a senior advisor to the Supreme National Economic Council, remained dubious about the building being completed and personally did not like the idea of a structure that tall being developed in the capital city. (Source: Phnom Penh Post)