Ream City is a proposed new urban development in Ream Bay in Sihanoukville Province, Cambodia. The project covers 834ha of reclaimed land in the bay, with an estimated US$16 billion in total investment.
Ream City is being developed by Canopy Sands Development, a member of Prince Holding Group, and is designed by Surbana Jurong from Singapore.
This new city will include commercial and residential property with up to 130,000 residents, and will include a 6km beachfront.
Included in this fact sheet is updates about the Ream Naval Base. The base is to the south of the development in Ream Bay. It made the news when U.S.-built facilities were demolished, and there was speculation that China was given rights to the base (which the Cambodian government has since denied). Land has been bought up around the base, but it’s not clear if it’s connected to the Ream City project. News of the base will be added here for reference.
Ream City Map
[Map of Ream City, Cambodia.]
Links and Resources
Developer: Prince Holding Group.
Masterplan: Surbana Jurong.
Surbana Jurong’s masterplan for US$16b ‘Ream City’ in Cambodia gets go-ahead – [10/02/21]
“Surbana Jurong’s sustainable development masterplan to develop an 834ha “Ream City” in Sihanoukville, Cambodia, has been approved by Canopy Sands Development, a member of Prince Holding Group.”
Master plan for Ream City given nod – [07/02/21]
“Canopy Sands Development Co Ltd, a member of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, approved a master plan to develop Preah Sihanouk province’s Ream bay into the $16 billion Ream City.”
Prince-linked firm pours sand into 400 hectares of bay without study – [02/02/21]
“Prime Minister Hun Sen signed a sub-decree in September 2019 granting some 427 hectares of ocean to a little-known company registered just one month before, Canopy Sands Development.
The company may be newly created, but its directors are no strangers to the country: Its chair is Chen Zhi, the leader of the expansive Prince Group and a naturalized Cambodian citizen, and the two other directors also hold several companies inside and outside the group.”
Cambodia demolishes second U.S.-built facility at Ream Naval Base – [10/11/20]
“The Cambodian defense minister on Tuesday said that another United States-built facility at the Ream Naval Base had been demolished recently, confirming satellite images released by a think-tank early this week.”
Update: Another U.S.-built facility at Ream bites the dust – [09/11/21]
“Large tracts of land all around Ream Naval Base have been leased by Chinese companies, some with connections to Beijing, for resort development. One of these is Canopy Sands Development Group, a subsidiary of Prince Real Estate Group, which is developing the stretch of Ream Bay directly north of the naval base. Satellite imagery shows that the company began reclaiming land about three miles north of the base in February. It has so far created about 100 acres of new landfill for an unknown purpose.”
Hun Sen clarifies stance on Ream Naval Base – [06/10/20]
Cambodian leader denies China’s navy granted basing rights – [01/06/20]
“Cambodia’s leader declared Monday that China has not been given exclusive rights to use a naval base on the country’s southern coast, and that warships from all nations, including the United States, are welcome to dock there.”
Tourist area greenlit in Sihanoukville – [17/02/20]
“The National Committee for Coastal Management and Development will coordinate with relevant ministries over the establishment of a billion-dollar tourist area named Neak Reach in Preah Sihanouk province after it was proposed by the Ministry of Tourism.”
Cambodia naval base set to undergo China-led expansion – [03/10/21]