On November 15, Shanghai Baoye won the bid of the Phase I of Urban Village commercial and residential building project of Phnom Penh, Cambodia.
The project is invested and developed by Urban Hub (Cambodia) Co., Ltd., Hong Kong. Located to the east of Hongsen Avenue in the south of Phnom Penh city proper, it covers an occupied area of 8,820 m2 and a building area of 97 thousand m2. It has 23 floors on the ground, with floor 1 being shopping mall, floor 2-3 office area, and floor 4 and above residential apartments. The project is undertaken by Shanghai Baoye (Cambodia) Co., Ltd., and the working scope is electric engineering project of Phase I. The bid will lay a sound foundation for their cooperation in later stages, and will provide solid guarantee for the long-term local development of Shanghai Baoye (Cambodia) Co., Ltd. and its strong presence in Phnom Penh market.