More Chinese Takeover in Sihanoukville

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jaynewcastle
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Re: More Chinese Takeover in Sihanoukville

Post by jaynewcastle »

This new road is probably the most ridiculous of all the new developments/destruction in Snooky
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Re: More Chinese Takeover in Sihanoukville

Post by mannanman »

Agreed. Utterly pointless and it’s ruined some nice bars on Serendipity, and the nice rock pool and most of the beach at Sokha.
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Re: More Chinese Takeover in Sihanoukville

Post by CEOCambodiaNews »

18 August 2021
Sihanoukville's iconic Golden Lions are next to get the beauty treatment:
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Ghostwriter
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Re: More Chinese Takeover in Sihanoukville

Post by Ghostwriter »

From a mighty tiger on a roundabout, belittled to a tiger cub on a big spinning plate, that's the subtle magic trick to shrink it without touching it.
What a circus for the worse
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Re: More Chinese Takeover in Sihanoukville

Post by cptrelentless »

Ghostwriter wrote: Thu Aug 19, 2021 4:13 am From a mighty tiger on a roundabout, belittled to a tiger cub on a big spinning plate, that's the subtle magic trick to shrink it without touching it.
What a circus for the worse
Image
You've missed the ball in its mouth to stop bad juju
mannanman
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Re: More Chinese Takeover in Sihanoukville

Post by mannanman »

The ball in his mouth are to balance out the balls on his rear.

I heard they were added later.
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Re: More Chinese Takeover in Sihanoukville

Post by Yobbo »

CEOCambodiaNews wrote: Sun Aug 15, 2021 12:34 am A look at the new coastal road development in the heart of Sihanoukville:
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It was always to polluted to swim there anyway so I suppose the solution is for landfill to a new road & develop the headland :(
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Re: More Chinese Takeover in Sihanoukville

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Cambodian firms seek to resume high rise construction in Sihanoukville
Tuesday, 07 Dec 2021
6:26 PM MYT
PHNOM PENH (The Phnom Penh Post/Asia News Network): The Covid-19 pandemic brought high-rise building construction in Preah Sihanouk province to a halt when it began, resulting in several business disputes that four real estate companies are now working together to solve, according to provincial governor Kuch Chamroeun.

Chamroeun told The Post last week that the number of high-rise buildings in the province had reached about 1,000 before the pandemic. Some of the construction was temporarily suspended due to the crisis and has also led to conflicts which require solutions before the construction can continue.

“To speak fairly, there are a lot of problems and concerns with these buildings,” he said

Chamroeun explained that before the pandemic, the private sector had priced the markets, land and buildings as high as US$80 per square metre. When Covid-19 arrived, rents dropped to zero because no one was conducting commercial activities and the province went into lockdown at times, which led to the suspension of construction on some buildings.

He said three local developers signed agreements with a Singapore-based real estate firm in an effort to jointly resolve disputes happening in the construction of these high-rise buildings in this coastal province and pave the way for the projects to move forward.

The agreement was arranged in cooperation with the Ministry of Economy and Finance.

“Now the province begins its recovery. So the way to solve the problems has to be based on each individual situation. We encourage investors to continue to prepare, repair and reopen their buildings,” he said, adding that a few days ago some owners requested permission to fly a private plane to the province and he allowed them to come and start working on this process.

“I want the reopening process to continue,” he said.

Provincial administration spokesman Kheang Phearom told The Post on Dec 6 that a total of 1,661 buildings were constructed between 2017 and 2021, with a total value of around $8.4 billion. Of those buildings, there are 620 construction projects that are between five and 53 floors in height.

In 2019, he said authorities ordered that 14 buildings be demolished after engineers inspecting them determined that they were not built to the required standards or quality. Now, five of the 14 construction sites have resumed their construction from scratch.
https://www.thestar.com.my/aseanplus/as ... anoukville
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Re: More Chinese Takeover in Sihanoukville

Post by nemo »

“To speak fairly, there are a lot of problems and concerns with these buildings,”
An unusually frank statement.
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Re: More Chinese Takeover in Sihanoukville

Post by CEOCambodiaNews »

Podcast

Asian Insider Podcast: How Chinese money transformed Cambodian coastal town Sihanoukville
Bhagyashree Garekar
Foreign Editor
Published 13 Jul 2022, 6:00 pm SGT

Synopsis: The Straits Times' foreign editor Bhagyashree Garekar hosts ST’s Indochina bureau chief Tan Hui Yee.


They talk about China’s presence especially in this region in light of Hui Yee's recent reporting trip to Cambodia. She visited Sihanoukville, a quiet coastal town which has been transformed by Chinese investment.

Before the Covid-19 pandemic, a flood of Chinese casino and hotel investments brought a construction boom to the Cambodian coastal city.

Highlights (click/tap above): https://www.straitstimes.com/asia/asian ... anoukville

1:00 The transformation of Sihanoukville

3:55 How do residents in Sihanoukville feel? Did Cambodian businesses feel sidelined?

6:52 Surveys of regional policymakers, academicians and businessmen show China is the least trusted country in the region; but is this feeling as intense on the ground in countries like Myanmar, Laos and Cambodia?

10:25 Chinese loans, Laos and fears that it could become the next Sri Lanka, with a high debt burden

16:10 Other big China Belt and Road Initiative (BRI) projects in the region: Are they proceeding as planned?

Produced by: Bhagyashree Garekar ([email protected]), Ernest Luis, Hadyu Rahim and Eden Soh
Edited by: Eden Soh
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