SeeMacau
May 31st, 2005, 06:21 AM
The building is under construction now, 15 storey building near the Mekong River
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http://63.240.68.115/FirmFiles/21/images/nexus%5Frenderchinese%2Ejpg
Malaysian resort company Ariston is planning to build a $100 million hotel, conference and casino complex near the river in Phnom Penh.
Ariston, which runs the Naga floating Casino, has bought 1.4 hectares of land between the Buddhist Institute and the Bassac squatter area and plans to begin construction next month. The company hopes that the resort will be finished in 14 to 16 months.
The massive complex, named Nexus Naga Hotel, will include 750 hotel rooms, conference facilities for 900 people, shops, restaurants, a nightclub and a casino.
The resort has been designed by a US architect group, Wimberly Allison Tong & Goo, which has previously designed renowned venues such as Sun City in South Africa, the Venetian City in Las Vegas and Ritz-Carlton hotels.
“ Our intention is to build the biggest landmark in Cambodia after Angkor Wat. As the temples become more and more famous, the capital shouldn’t be ignored,” said Ariston chairman Tan Sri Chen Lip Keong.
Nexus Naga Hotel will target both Western and East Asian tourists, who Keong believes will increasingly be attracted to Cambodia.
“ With the only landmark in the capital, we can position ourselves as a winner. We will have a considerable chance of success,” Keong said.
Controversy has surrounded casino operations in Phnom Penh, with Prime Minister Hun Sen is suing an order last year that all gambling facilities must be moved at least 200 kilometres away from the capital. The casino at he Holiday Hotel chose to move to Sihanoukville, but Ariston took the matter to court and won the right for the Naga floating casino to stay.
In 1994 the Government signed an agreement with Ariston permitting the company to run the only casino operation in Cambodia. However, other gambling permits were later handed out, so Ariston chose to settle for an agreement that makes them the only casino operator within 200 kilometres of Phnom Penh.
“ We are decent people. We want to honour that agreement, and we want the Government to honour it too,” Keong said.
According to plans, all casino operations on the Naga Floating Casino will be moved into the new resort and the boat towed away.
http://63.240.68.115/FirmFiles/21/images/ACF154%2Ejpg
http://63.240.68.115/FirmFiles/21/images/nexus%5Frenderchinese%2Ejpg
Malaysian resort company Ariston is planning to build a $100 million hotel, conference and casino complex near the river in Phnom Penh.
Ariston, which runs the Naga floating Casino, has bought 1.4 hectares of land between the Buddhist Institute and the Bassac squatter area and plans to begin construction next month. The company hopes that the resort will be finished in 14 to 16 months.
The massive complex, named Nexus Naga Hotel, will include 750 hotel rooms, conference facilities for 900 people, shops, restaurants, a nightclub and a casino.
The resort has been designed by a US architect group, Wimberly Allison Tong & Goo, which has previously designed renowned venues such as Sun City in South Africa, the Venetian City in Las Vegas and Ritz-Carlton hotels.
“ Our intention is to build the biggest landmark in Cambodia after Angkor Wat. As the temples become more and more famous, the capital shouldn’t be ignored,” said Ariston chairman Tan Sri Chen Lip Keong.
Nexus Naga Hotel will target both Western and East Asian tourists, who Keong believes will increasingly be attracted to Cambodia.
“ With the only landmark in the capital, we can position ourselves as a winner. We will have a considerable chance of success,” Keong said.
Controversy has surrounded casino operations in Phnom Penh, with Prime Minister Hun Sen is suing an order last year that all gambling facilities must be moved at least 200 kilometres away from the capital. The casino at he Holiday Hotel chose to move to Sihanoukville, but Ariston took the matter to court and won the right for the Naga floating casino to stay.
In 1994 the Government signed an agreement with Ariston permitting the company to run the only casino operation in Cambodia. However, other gambling permits were later handed out, so Ariston chose to settle for an agreement that makes them the only casino operator within 200 kilometres of Phnom Penh.
“ We are decent people. We want to honour that agreement, and we want the Government to honour it too,” Keong said.
According to plans, all casino operations on the Naga Floating Casino will be moved into the new resort and the boat towed away.