Ariston to build integrated complex in Cambodia

6 Oct 2000

CAMBODIA - Malaysia's business conglomerate, Ariston, has plans to develop an integrated complex in Phnom Penh, Cambodia.

The new complex, called Nexus Naga Casino Resorts, will comprise a 750-room five-star hotel and casino block with 40 gaming modules. It will also have a nightclub, entertainment arcade, a grand ballroom, health and fitness centre and a shopping arcade.

Estimated cost of the project is about US$100 million.

Construction is expected to begin next month and be completed in mid-2002 in time for the ASEAN heads of government meeting scheduled for November that year.

Ariston presently operates a casino in Phnom Penh through Naga Resorts and Casinos. It is on board a seven-storey floating barge moored on the Mekong River next to the Sofitel Cambodiana Hotel in Phnom Penh.

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