A grand ceremony was held on Monday to mark the formal opening of FURI Times Square, the first mall in Sihanoukville.
The opening marks the climax for a monumental project that is set to become a part of Sihanoukville’s transformation into a major cosmopolitan destination.
Sihanoukville, which hosts the Kingdom’s sole deep water seaport and its largest special economic zone, is among the fastest growing areas of Cambodia. Its beaches have also made Sihanoukville one of the top tourist destinations in the Kingdom.
“FURI Corporation is proud to be part of the evolution of Sihanoukville and shaping the cityscape with one of the first high-end shopping malls and entertainment complexes on the Kingdom’s coast,” Donald Lee, public relations officer at FURI Corporation, said.
FURI Times Square is a joint project of FURI Corporation and investors from Macau and Hong Kong. The project cost is pegged at $10 million.
Construction of the project started in September last year. Design of the mall is courtesy of White Matter Design Studio, one of the top three architecture firms in Singapore
Mr Lee said FURI Times Square will cater to the massive tourism growth in the city and demand for globally recognised brands and franchises.
The 6,000 square metre retail and entertainment complex, according to him, has partnered with international brands from Starbucks and KFC to Nike, Under Armor and G-Shock.
Mr Lee also pointed out that FURI Times Square will also be the first luxury shopping and entertainment experience in Sihanoukville that will serve as an important community center for locals, tourists and expats.
The four-storey mixed-use space, according to him, has up to 13,000 square metres of leasing space and will be home to one of the first movie theaters in the city as well as a skybar.
In addition to its obvious economic benefits, the new mall, according to Mr Lee, will also provide jobs to 600 people in the area.
In the next few months, Sihanoukville will have another mall with the opening of Prince Huan Yu Center, which is being developed by Prince Real Estate Group.