Cambodian property developer Borey Peng Huoth is set to build a theme park in Phnom Penh.

The firm, which was established in 2005 and mainly builds condominiums and gated residential communities, is investing US$60m in the project.

The 8-hectare theme park will be inspired by popular European attractions and will feature different zones, such as Scottish, German, French and Italian, as well as conference and events facilities. The attraction is planned as a way of boosting the prestige of its residential developments.

Okhna Thai Mengly, CEO of the Peng Houth Group, told The Phnom Penh Post that the theme park would be world-class and he hoped it would win property industry awards. It would welcome Peng Houth residents and non-residents and would have no admission cost, he said.

“We want to contribute to Phnom Penh’s development by delivering a new, clean project for local and international tourists who have never been to Cambodia,” Thai Mengly told the paper.

Peng Huoth recently announced plans to open a shopping mall in 2019, which will include retail, F&B, outside spaces and a cinema.