Canopy Sands Development presented its Bay of Lights township project at two key events in regional economics and tourism: the Australia-ASEAN Business Forum and the Hotel Investment Conference – Asia Pacific, Australia, New Zealand 2024.

This new initiative highlights the company’s pivotal role in fostering regional collaboration and elevating Cambodia’s profile as the next financial and tourism destination on the global stage.

At both events, the Bay of Lights was presented as both a symbol of Cambodia’s potential, as well as a transformative initiative that will reshape the region. 

Putting Cambodia on the forefront

Envisioned as a leading destination for international tourists and investors, Bay of Lights is poised to drive Cambodia’s urban evolution while serving as a conduit for deeper economic partnerships between Cambodia, Australia, and the broader ASEAN bloc, opening new frontiers for growth and collaboration.

Canopy Sands Development’s head of business development Michael Truong said: “Australia and ASEAN’s long-standing partnership, based on mutual respect and shared goals, has led to significant growth in bilateral trade across various sectors. With Cambodia serving as a gateway that connects both regions, the Bay of Lights is envisioned not just as a city’s transformation but as a community that will sustain this economic growth and collaborative efforts in our region.”

With this strategic vision and robust partnerships, Bay of Lights is set to become a flagship destination for cultural tourism and international investment in Southeast Asia and beyond.

A high-profile location

Spanning 934 hectares, the Bay of Lights project has already secured key international partnerships, making headlines with high-profile collaborations. Among them is a partnership with Australia’s Greg Norman Golf Course Design, which is set to bring Cambodia’s first USGA-standard 18+1-hole waterfront golf course to life. 

Major global hospitality leaders such as The Ascott Limited, IHG, and Radisson have also signed on, with the aim of transforming the region’s tourism landscape and delivering substantial cultural and economic benefits to both Cambodia and ASEAN.