Cambodia Investment Review

TP Moral Group Breaks Ground on Norodom Business Tower and First Pan Pacific Phnom Penh 5-Star Hotel

TP Moral Group Breaks Ground on Norodom Business Tower and First Pan Pacific Phnom Penh 5-Star Hotel

Harrison White

TP Moral Group, a prominent real estate developer in the country, has officially commenced construction on its flagship project, the Norodom Business Tower. The ambitious venture includes a state-of-the-art commercial office tower and the first-ever Pan Pacific Phnom Pen 5-star hotel. The development, encompassing 2,000 square meters of prime real estate, is situated in the heart of Phnom Penh’s Central Business District (CBD) and is poised to become an iconic landmark.

The construction is estimated to be complete in 30 months.

The 28-story Norodom Business Tower stands along the prestigious Preah Norodom Boulevard, a prime location in the epicenter of Cambodia’s commercial hub. The tower is strategically placed near the economic, political, and diplomatic centers, offering businesses unparalleled access and convenience.

Significantly contribute to developing the city

The building will feature four levels of underground parking, 10 floors of Grade A Serviced Offices with modern and natural design elements, and 16 floors dedicated to the luxurious Pan Pacific 5-star hotel. The hotel will provide upscale accommodations, exquisite dining options, leisure facilities, and a rooftop bar and pool, offering breathtaking views of the city and riverside.

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Adjacent to the new National Bank of Cambodia headquarters, the Norodom Business Tower is expected to significantly contribute to the Royal Government of Cambodia’s ongoing efforts to develop the city. The project is scheduled for completion in 30 months, encompassing four levels of basements and a superstructure.

TPMG Chairman Ty Khun .

During the groundbreaking ceremony, TPMG Chairman Ty Khun expressed his gratitude to all involved in the project since its inception, including staff, architects, engineers, and consultants. With more than eight years of experience in investment and finance, Khun has cultivated valuable skills and foresight in land evaluation for long-term growth potential under his father’s guidance.

New opportunities to grow TP Moral Group

Khun stated, “As we break ground on the Norodom Business Tower project, we are embarking on a new chapter in our company’s history. This project will provide us with new opportunities to grow TP Moral Group and also to develop its real estate portfolio for the long-term national interest under the wise leadership and long-term vision of Samdech Techo Hun Sen, Prime Minister.”

Many stakeholders from the project attended the event.

The Norodom Business Tower will create jobs, stimulate the Cambodian economy, and offer locals, expats, and visitors a vibrant space to connect and network. TP Moral Group has partnered with Pan Pacific and several key contributors, including main contractor MCC, Aedas (Architectural Design), Meinhardt (Technical advisor on Structure and MEP), Bkasia (QS Consultant), Atelier (Project Management Consultant), EcoID (Interior Design), and Arup (Acoustic consultant), to ensure the project’s successful completion.

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