Shukaku Inc-Phnom Penh City Center : An interview with CEO for Future of Boeung Kak Lake

Much has been said about the Shukaku Company and how it treated the residents evicted from Boeung Kak in 2011. But a new phase is brimming up: The company has new plans of whta will be done with this vast area which has now become constructible? In an exclusive interview, Lionel Tay, CEO, Shukaku Company shed some light on further details. The basic idea: This new Phnom Penh City Center will be fully up to international standards and would serve as a model for future constructions.

Yes, we are supporting the city

“Let me point out”, says Lionel Tay “that we are supporting the city with the massive infrastructure work that we are putting in. We have built a grid of wide streets on this vast area of 111.6 ha that are already appreciated and used by the public, notably the south-north link, over a kilometer in length, connecting Russian Boulevard (opposite the Council of Ministers) to Street 70 (see map), thus taking a lot of traffic off Monivong Boulevard.” He elaborates, “The very conspicuous drainage system that we have started to put in, adding millions of dollars to the roadwork costs, will hook up to the existing network, rounding it out and eliminating floods, as it will drain off to the north water coming in from the southern part of the zone.”

Job creation

An essential aspect: The quality of Phnom Penh City Center will draw investors and generate a tremendous number of jobs. It is anticipated that by 2035, the new quarter will have 56,000 residents and 190,000 people will be working in it.

Matching up to the international standards

phnom-penh-city-centre

The new urban area will confirm to the most rigorous international standards in every aspect, stresses Lionel Tay. For instance, in the domain of architecture, the quality of materials, security and population density. Regulations will be strictly applied, with controls. There will be diversity in the built-up area, with towers (two of them 150 m high, others 100 m; most of them 70 to 75 m, and many buildings will be 20 to 50 m high). The lower buildings will be in the outer ring. Phnom Penh City Center will be provided with easy accessibility with the rest of the city through eight access points with the existing street network. It is expected that the majority of buyers will be Cambodians in the mid- to high-income bracket. The focus is not on luxury market.

Here is a breakdown of what we are looking at:
25.1% office space and retail outlets
13.9% residential space and retail outlets
22.2% public road system
1.9% hotels
0.8% public facilities
2% public green spaces
0.7% public utilities
It goes without saying that the city centre will be equipped with all the necessary amenities; government administrative buildings, police, fire fighting, schools, training centers, markets, sports center, health centers, a theater, etc. The distribution of activities in the different sectors is already specifically included in a 175-page master plan.  No religious buildings are to go in, for any denomination.

An eco-friendly urban cluster

The idea is to provide people with a healthy living environment. To ensure this, a major chunk of area would be incorporating green spaces. The Phnom Penh city centre will have a 22,000 m2 park open to the public for recreational purposes. Also, there will be a pedestrian green belt going around the entire residential area. Specific regulations govern the street layout, that are to be wide enough to enable smooth traffic flow and allow plenty of light to reach the lower floors of buildings. Sidewalks will be wide to make it easy for pedestrians. Rules include the proportion of openings for façades, doors and windows. There will be parking lots to prevent illegal parking and thus avoid the now impossible situation in Phnom Penh’s downtown core. We have landscape architects and we plan to have sites for monuments, landscaped focal points. Pollution will be controlled. That is a major focus of the project. We are looking at modern approaches for energy conservation, efficient waste removal, waste bins, etc. There will be an internal bus service. Its routing has already been established. Our goal is to have a model urban center that will serve as an example for future constructions.

[blurb:]

Lionel Tay

“We are going to make

Phnom Penh City Center

a model undertaking”

In the next five to ten years

It will take about six years to complete the drainage system. Building will start on the circumference with lower buildings, while tall buildings will go up in the center core. It will take about ten years for this new center to really come on its own.

Phnom phen city centre

ABOUT PHNOM PENH CITY CENTRE

Phnom Penh City Center (PPCC), The Pearl of Cambodia was established in 2014 and is the master developer of Phnom Penh City Center. Its mission is to transform Phnom Penh’s city landscape into a modern business and leisure hub with international standard infrastructure and amenities. The city has been meticulously planned to blend business districts, commercial retail outlets, recreational and living space with plenty of fauna and flora. PPCC is poised to attract investor. It is forecasted that the development will create up to 190,000 job opportunities

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