Steelman Spotlight

News

July 23, 2019

Naga3 development to rival Macau integrated resorts: NagaCorp

Naga3 development to rival Macau integrated resorts: NagaCorp

Hong Kong-listed NagaCorp says that its impending US$3.5 billion Naga3 development at its Cambodian integrated resort NagaWorld will set a new quality standard to rival the very best IRs in Macau.

New details of Naga3 formed part of a filing with the Hong Kong Stock Exchange overnight in which NagaCorp outlined proposed facilities for the development, including 4,720 hotel rooms across five towers and multiple gaming and entertainment facilities.

According to the filing, the five hotel towers will be connected by an amended 11-storey podium incorporating the hotel lobby, gaming, retail, restaurants, a theme park, spa and conference space. The podium had originally been planned as 12-storeys.