Neak Okhna Heng Sithy Signs Agreement to provide Formula 3 investment project that will be available in Cambodia soon.

Date: 10/28/2021

(Phnom Penh): The first international racetrack investment project will be available soon in Cambodia, which will be recognized by the FIA ​​(Fédération Internationale de l'Automobile). The project, which will raise Cambodia's profile on the international stage, is being developed by Maritime Group, which is located on a 160-hectare project along the new Phnom Penh-Sihanoukville Highway, only70 km from Phnom Penh.

Maritime Group has awarded PHG International the winning bid for the project, which will cost a total of 26000000 million, with a 100% investment by the Maritime group, which includes the Formula 3 and many other Moto Sports Shopping Outlet and International Resort. This large project will start construction at the end of 2022.

Please be informed that Maritime Group is a multi-sectoral investment and development company of Neak Okhna Heng Sithy, which has several subsidiaries including Maritime Bank, Maritime Tower on 60m Road, Koh Sramoch and many more. PHG International is an international company with over 30 years of experience in the development of racetrack projects in more than 20 countries around the world, including the United Arab Emirates, France, Pavet and Malaysia.

We observe that under the wise and wise leadership of Samdech Akka Moha Sena Padei Techo Hun Sen, Cambodian ships are constantly flying forward with a better reputation in the international arena, especially Cambodia is the number 1 in Asia in the prevention and control of Covid-19 disease creates a warm environment for investors, both nationally and internationally. This is what Neak Okhna Heng Sithy, CEO of Maritime Group, said.

Neak Okhna also added that this large project will greatly contribute to the development of the Cambodian economy by creating jobs for thousands of Cambodians, as well as attracting investment in large projects in the future.