More Chinese Takeover in Sihanoukville

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Re: More Chinese Takeover in Sihanoukville

Post by frank lee bent » Sun Sep 15, 2019 10:10 am

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Re: More Chinese Takeover in Sihanoukville

Post by CEOCambodiaNews » Mon Sep 16, 2019 9:31 pm

HE Slowly Selling Cambodia Down the Mekong River to China

A report published by Cambodia’s Interior Ministry stated that over 250,000 Chinese nationals currently reside in the country. This is over 60% of all foreign residents in Cambodia.

Published 1 day ago on September 15, 2019
By CTN News

PHENOM PENH – Cambodia has seen a huge influx of Chinese investment, workers and tourists in recent years. Many in Cambodia are increasingly worried about the negative impact it is having.

Sihanoukville, a once-sleepy beach town, symbolizes the transformation brought about by Chinese investment in Cambodia. The town of around 160,000 inhabitants has been completely transformed by Chinese casinos, hotels and factories in recent years.

Many Chinese firms have set up factories in the town. The main attraction for business is the Sihanoukville Special Economic Zone (SSEZ), a China-Cambodia tax-free economic zone. Chinese companies run the majority of the over 100 factories in the zone.

A Chinese construction company is also building a four-lane highway to connect Sihanoukville to Cambodia’s capital, Phnom Penh. Relations between Cambodia and China gained momentum after the two countries established a comprehensive strategic partnership in 2010.

Massive Investment on Borrowed Money
In 2013, Chinese President Xi Jinping unveiled his gigantic Belt and Road Initiative (BRI), which envisions rebuilding the old Silk Road to improve connectivity between Asia, Europe and Africa.

As part of the project, China is building a web of transport and other physical infrastructure such as roads, railways, seaports and pipelines in various countries, including Cambodia. The Southeast Asian nation, a firm supporter of BRI, has benefited enormously from Chinese money, which has helped finance a host of infrastructure projects.

Beijing has so far funded construction of seven hydropower dams that are collectively capable of generating half of Cambodia’s entire electricity needs. It has also built about 3,000 kilometers (1,864 miles) of highways and numerous bridges since the mid-1990s.

All these investments have turned China into Cambodia’s largest foreign direct investor and closest ally.
https://www.chiangraitimes.com/asean/hu ... -to-china/
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Re: More Chinese Takeover in Sihanoukville

Post by CEOCambodiaNews » Fri Sep 27, 2019 7:21 pm

Posted yesterday:
#Sihanoukville 2019,
Trying to find the golden lions. 😂😂😂
#cambodia
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Re: More Chinese Takeover in Sihanoukville

Post by Jamie_Lambo » Tue Oct 01, 2019 3:41 am

willkommen to Shitsville (Otres 1)
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:tophat: Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks :x
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Re: More Chinese Takeover in Sihanoukville

Post by crob » Tue Oct 01, 2019 7:19 am

CEOCambodiaNews wrote:
Fri Sep 27, 2019 7:21 pm
Posted yesterday:
#Sihanoukville 2019,
Trying to find the golden lions. 😂😂😂
#cambodia
farken hell, un-noticeable from when i was last there 2 years ago.. kinder wish i took more photos... is koh rong still nice?
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Re: More Chinese Takeover in Sihanoukville

Post by Arget » Tue Oct 01, 2019 7:23 am

Isn't that the building that is condemned?
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Re: More Chinese Takeover in Sihanoukville

Post by pissontheroof » Tue Oct 01, 2019 9:21 am

CEOCambodiaNews wrote:
Fri Sep 27, 2019 7:21 pm
Posted yesterday:
#Sihanoukville 2019,
Trying to find the golden lions. 😂😂😂
#cambodia
Yea ... is mikes burgers 🍔 still in back there too ? It was one of the last still there ,
.. besides yasmine and the m’lop tapang restaurant , sandan
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Re: More Chinese Takeover in Sihanoukville

Post by Jamie_Lambo » Tue Oct 01, 2019 8:20 pm

jeesus i was only there at xmas and its changing more by the day! depressing
:tophat: Mean Dtuk Mean Trei, Mean Loy Mean Srey
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Re: More Chinese Takeover in Sihanoukville

Post by Jamie_Lambo » Tue Oct 01, 2019 8:20 pm

looks so claustrophobic now
:tophat: Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks :x
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