More Chinese Takeover in Sihanoukville

offroadscholar · Post by **offroadscholar** » Mon Dec 02, 2019 8:16 am

Could be some defaults on developer backed loans in the event of a downturn.

https://www.khmertimeskh.com/50628718/o ... mortgages/

shnoukieBRO · Post by **shnoukieBRO** » Tue Dec 03, 2019 2:48 pm

No body knows it's future. But I bet Banksy is well interested.

adders28 · Post by **adders28** » Wed Dec 04, 2019 10:50 pm

shnoukieBRO wrote: ↑Tue Dec 03, 2019 2:48 pm No body knows it's future. But I bet Banksy is well interested.

Article from a khmer point of view
https://vodenglish.news/locals-struggle ... ness-boom/

CEOCambodiaNews · Post by **CEOCambodiaNews** » Sat Dec 21, 2019 7:33 am

Sihanoukville is still leading the way when it comes to construction in Cambodia.

1,853 Construction Project Licensed
AKP Phnom Penh, December 19, 2019 --
The government has licensed 1,853 construction projects by 228 domestic and 240 foreign companies.

The update was shared recently by H.E Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction, adding that for 2019 alone the construction sector is worth about US$9.3 billion.

The figure indicates an increase of about 78 percent compared to the previous year, and most construction projects take place at Preah Sihanouk province.

CEOCambodiaNews · Post by **CEOCambodiaNews** » Thu Dec 26, 2019 12:47 am

The Square, posted today:

Duncan · Post by **Duncan** » Mon Jan 13, 2020 2:50 pm

An update for 11 / 1 /2020 ,,,, I'm gambling that its going to get better.

Cooldude · Post by **Cooldude** » Mon Jan 13, 2020 3:09 pm

They couldn't have screwed that pooch any harder if they tried. Very nicely shot video especially considering the conditions.

phuketrichard · Post by **phuketrichard** » Mon Jan 13, 2020 3:42 pm

one place i will never return to ,
with all the Chinese money leaving, will all these buildings just sit half finished?

angkorjohn2 · Post by **angkorjohn2** » Mon Jan 13, 2020 4:02 pm

Interesting piece

"Sihanoukville's casino boom has come to a sudden halt. Cambodia’s beach resort of Sihanoukville, which saw a boom in investments in casinos and hotels from China since 2016, is suffering from the fallout of a mass exodus of Chinese after an online gambling ban came into force on January 1 this year. Construction work and casino openings have come to an abrupt halt when Prime Minister HE unexpectedly announced in August last year that Cambodia would criminalise online gambling. Of 72 casinos in the city, so far four have shut down and 23 have laid off..."
http://investvine.com/gambling-ban-turn ... host-town/

King Keil · Post by **King Keil** » Mon Jan 13, 2020 4:22 pm

phuketrichard wrote: ↑Mon Jan 13, 2020 3:42 pm one place i will never return to ,
with all the Chinese money leaving, will all these buildings just sit half finished?

There is a possibility that they finish it at one point in the future. Why not go back then? There even might be an oversupply on rooms which could lead to reasonable hotel prices.

More Chinese Takeover in Sihanoukville

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