Scmp: Dara Sakor Seashore Resort is for Chinese Tourists or Chinese Military?

Source: South China Morning Post

After an article entitled ‘Is Cambodia’s Koh Kong project for Chinese tourists – or China’s military?’ was published by renowned media outlet, South China Morning Post (SCMP), on 05 March the question has become a controversial topic among domestic and international readers.

The article has raised questions as to whether the analysis is true and over the future of the project in Koh Kong province.

The development to the SCMP article refers to is the multi-billion-dollar Dara Sakor Seashore Resort which is an investment by Chinese firm, the Union Development, in Koh Kong province, which stretches over an area of 45,000 hectares of concession land.

Due to the ambition of the project, SCMP reported that sceptics are worried that the project looks too good to be true just to welcome Chinese tourists and believes that it is much more about welcoming the Chinese military.

Gregory Poling, director of the Asia Maritime Transparency Initiative at the Centre for Strategic and International Studies, was quoted in SCPM as saying that the runway of the airport inside the project is about 3,400 metres long, which is longer than Phnom Penh International Airport and capable of accommodating any plane in the Chinese air force.

In addition, Paul Chambers, a regional analyst at Naresuan University, told This Week in Asia that senior Cambodian officials privately admitted that the Cambodian Prime Minister was considering approving a Chinese naval base there

Furthermore, analysts believed that this project is backed by the Chinese government due to the fact that the project has been supported by many key Chinese government officers such as Zhang Gaoli, the former vice-premier of China and chairman of the leading group for Beijing’s Belt and Road Initiative; and also Wang Qinmin, vice-chairman of the Chinese People’s Political Consultative Conference.

Moreover, the 99-year-old land concession period is also one of the reasons persuading the analysts to relate this issue to the Chinese military plan. Chambers noted that he is skeptical of the land concession deal as the land is three times larger than the maximum size of the concession law based on the Cambodian constitution.

In an attempt to clarity the expert’s viewpoint, SCMP has also contacted the Cambodian Defence Ministry spokesman Chum Socheat, but could not be reached. However, SCMP finally could reach the government spokesman Phay Siphan, and he claimed that he had “no idea” whether the Cambodian government had any oversight of the project.

As the matter of fact, the analysis is solely dependent on the views from scholars. There has yet any official document released from both Chinese and Cambodian government regarding this questionable plan.

- Video Advertisement -

Related Post

Thai office space vacancy rate rises 26.3%, Yet Thailand’s richest billionaire optimistic about market demand growth

Bangkok’s office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to bangkokpost on 19 September 2024. With a US$3.6 billion […]

Thailand’s USD 6.5 Billion EV Industry Set to Power Commercial Real Estate Growth

Thailand’s fast-growing electric vehicle (EV) industry is projected to generate a real estate market worth at least USD 6.5 billion by 2030, driven by government policies and strong foreign investments. As the country aims to solidify its position as Southeast Asia’s leading hub for EV manufacturing, this growth will fuel demand for specialised real estate […]

Cambodia Maintains the World’s Highest Central Bank Interest Rates, Defying Global Trends

In the third quarter of 2024, Cambodia continues to lead global markets, with central bank interest rates soaring between 10% and 12%, starkly contrasting with the 0% to 6% range maintained by most major economies. This divergence, detailed in a report by CBRE Cambodia published on 17 October 2024, spans from December 2021 to December […]

Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop

Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE […]

Cambodia’s Tourism Rebounds to Near Pre-Crisis Levels, But Chinese Arrivals Lag Behind Regional Peers

Cambodia’s tourism sector is witnessing a robust rebound in 2024, with international arrivals reaching 4.4 million in the first eight months, a 22.5% surge compared to the same period last year. This strong performance brings the country within 1.6% of its pre-crisis peak of 6.9 million visitors in 2019, highlighting the sector’s steady recovery after […]

PwC Slapped with Record USD 62.2m Fine and Six-Month Ban Over Evergrande Audit Failures

PwC Zhong Tian, the China arm of the global accounting giant, has been fined a record USD 62.2 million and banned from auditing for six months for its failure to identify financial misstatements in China Evergrande Group’s accounts between 2018 and 2020. The penalties, the most severe imposed on an audit firm in China, are […]