Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Phnom Penh
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Economy== [[File:Central.Post.Office.Poste.Phnom.Penh.1.Cambodge.jpg|thumb|right|200px|The Central Post Office Building]] [[File:Hong.Kong.Center.Total.Cambodge.1.jpg|thumb|200px|The Hong Kong Center, headquarters of oil producer [[TotalEnergies]] in Cambodia]] Phnom Penh is Cambodia's economic centre as it accounts for a large portion of the [[Cambodian economy]]. Double-digit economic growth rates in recent years have triggered an economic boom in Phnom Penh, with new hotels, restaurants, schools, bars, high rises and residential buildings springing up in the city.{{Citation needed|date=February 2025}} The economy is based on commercial interests such as garments, trading, and small and medium enterprises. In the past few years{{When|date=February 2025}} the property business has been booming, with rapidly increasing real estate prices. [[Tourism in Cambodia|Tourism]] is also a major contributor in the capital as more shopping and commercial centres open, making Phnom Penh one of the major tourist destinations in South East Asia along with [[Siem Reap]] and [[Sihanoukville (city)|Sihanoukville]]. According to the World Travel and Tourism Council, tourism made up 19.2 percent (US$2,053 million) of Cambodia's GDP in 2009 and accounts for 13.7 percent of total employment.<ref>[http://www.clairebrownrealty.com/reports/Tourism%20for%20Economic%20Development%20in%20Cambodia%20-%20Media%20Global.pdf Tourism for Economic Development in Cambodia β Media Global] {{Webarchive|url=https://web.archive.org/web/20131101225641/http://www.clairebrownrealty.com/reports/Tourism%20for%20Economic%20Development%20in%20Cambodia%20-%20Media%20Global.pdf |date=November 1, 2013 }}, Claire Brown Report, April 17, 2011</ref> One of the most popular areas in Phnom Penh for tourists is [[Sisowath Quay]], alongside the Tonle Sap River. Sisowath Quay is a five kilometre strip of road that includes restaurants, bars, and hotels.<ref>[http://www.canbypublications.com/maps/phnompenhriverfront.htm Riverfront area, Phnom Penh, Cambodia], Candy Publications, April 17, 2011</ref> <!-- Deleted image removed: [[File:High rise in Phnom Penh.jpg|thumb|right|180px|Construction activities doubled due to booming economy growth in Phnom Penh]] --> The {{USD|2.6}} billion new urban development, [[Camko City]], is meant to bolster the city landscape. The Bureau of Urban Affairs of Phnom Penh Municipality has plans to expand and construct new infrastructure to accommodate the growing population and economy. High rise buildings will be constructed at the entrance of the city and near the lakes and riverbanks. Furthermore, new roads, canals, and a railway system will be used to connect Camko City and Phnom Penh.<ref>People's Daily Online [http://english.people.com.cn/200507/18/eng20050718_196801.html Cambodia unveils Phnom Penh development plan]. Retrieved June 14, 2008.</ref> <!-- Deleted image removed: [[File:PhnomPenh River View.jpg|thumb|180px|[[Sisowath Quay]] and Royal Palace]] --> Other projects include: * Grand Phnom Penh International City (under construction) * Gold Tower 42 (On hold 32 floors construction begins again in the mid of 2018) * Kokling super second floor house * [[Vattanac Capital Tower]] * The Peak With booming economic growth seen since the 1990s, new shopping venues have opened, such as Sorya Center Point, Aeon Mall Phnom Penh, Aeon Mall Sen Sok City, Aeon Mall Mean Chey and Olympia Mall. Many international brands have opened such as [[Mango (clothing)|Mango]], [[Salvatore Ferragamo]], [[Hugo Boss]], Padini Concept Store, Lily, [[The Timberland Company|Timberland]], [[Jimmy Choo]], CC Double O, MO, Brands Outlet, [[Nike, Inc.|Nike]], [[Converse (shoe company)|Converse]], [[Pony International|Pony]], [[Armani Exchange]], and [[Super Dry]].{{Citation needed|date=February 2025}} The tallest skyscraper in Phnom Penh is [[Vattanac Capital]] Tower at a height of {{convert|188|m|ft|0|}}, dominating Phnom Penh's skyline with its neighbour skyscraper Canadia Tower (OCIC Tower).<ref>{{cite web |url=http://www.vattanaccapital.com/overview.php |title=Vattanac Capital |publisher=Riverpalace.net |access-date=June 27, 2010 |archive-url=https://web.archive.org/web/20111115200108/http://vattanaccapital.com/overview.php |archive-date=November 15, 2011 }}</ref> The tower was completed in December 2014. Modern high rises have been constructed all around the city, not concentrated in any one particular area.{{Citation needed|date=February 2025}} The Central Market ''[[Phsar Thom Thmei|Phsar Thmei]]'' is a tourist attraction. The four wings of the yellow colored market are teeming with numerous stalls selling gold and silver jewelry, antique coins, clothing, clocks, flowers, food, fabrics and shoes. Phsar Thmei is undergoing under a major renovation, along with the creation of newer stalls.{{Citation needed|date=February 2025}}
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Phnom Penh
(section)
Add topic