Current:Home > InvestCambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat -LegacyBuild Academy
Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
View
Date:2025-04-12 02:39:38
SIEM REAP, Cambodia (AP) — Cambodia on Thursday inaugurated its newest and biggest airport, a Chinese-financed project meant to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap.
The Siem Reap-Angkor International Airport is located on 700 hectares (1,730 acres) of land about 40 kilometers (25 miles) east of Angkor Wat and boasts a 3,600-meter- (11,810-foot) long runway. It can handle 7 million passengers a year, with plans to augment it to handle 12 million passengers annually from 2040.
The airport began operations Oct. 16, with the first flight to land coming from neighboring Thailand. The old airport it replaces was about 5 kilometers (3.1 miles) from the famous tourist site.
Thursday’s inauguration was presided over by Prime Minister Hun Manet, Chinese Ambassador to Cambodia Wang Wentian, the governor of China’s Yunnan province, Wang Yubo, and other officials.
Speaking at the ceremony, Hun Manet said the old airport was located too close to the Angkor temples and it was feared that vibrations from passing flights were damaging their foundations.
Tourism is one of the main pillars supporting Cambodia’s economy. According to the Ministry of Tourism, Cambodia received some 3.5 million international tourists in the first eight months of 2023, while for the whole of 2019 — the last year before the coronavirus pandemic — it received some 6.6 million foreign visitors.
“Hopefully, 2024 will be the year of the beginning of the advance and rebirth of the tourism sector in our Siem Reap province,” Hun Manet said.
China is Cambodia’s most important ally and benefactor, with strong influence in its economy, shown by numerous Chinese-funded projects, hotels and casinos in the capital, Phnom Penh, and elsewhere around the country. China’s state banks have financed airports, roads and other infrastructure built with Chinese loans. More than 40% of Cambodia’s $10 billion in foreign debt is owed to China.
The new airport, built at a cost of about $1.1 billion, was financed by Angkor International Airport (Cambodia) Co., Ltd., an affiliate of China’s Yunnan Investment Holdings Ltd, under a 55-year build-operate-transfer deal.
Yunnan governor Wang Yubo, speaking for the Chinese government, said the airport’s launch showed the deep friendship between the people of the two countries, while promoting bilateral economic ties.
The project is part of the Belt and Road Initiative, the ambitious program that involves Chinese companies building transportation, energy and other infrastructure overseas funded by Chinese development bank loans. Its goal is to grow trade and the economy by improving China’s connections with the rest of the world in a 21st-century version of the Silk Road trading routes from China to the Middle East and onto Europe.
Another Chinese-funded airport is being constructed at a cost of $1.5 billion to serve the capital. The new Phnom Penh international airport, formally known as the Techo International Airport, is set on 2,600 hectares (6,425 acres) and scheduled for completion in 2024.
___
Associated Press writer Sopheng Cheang reported from Phnom Penh.
veryGood! (4374)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees
- Two indicted in Maine cold case killing solved after 15 years, police say
- Pew survey: YouTube tops teens’ social-media diet, with roughly a sixth using it almost constantly
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Missiles from rebel territory in Yemen miss a ship near the key Bab el-Mandeb Strait
- Jennifer Aniston recalls last conversation with 'Friends' co-star Matthew Perry: 'He was happy'
- Auto union boss urges New Jersey lawmakers to pass casino smoking ban
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- ExxonMobil says it will stay in Guyana for the long term despite territorial dispute with Venezuela
Ranking
- North Carolina justices rule for restaurants in COVID
- This woman waited 4 hours to try CosMc's. Here's what she thought of McDonald's new concept.
- Girl dinner, the Roman Empire: A look at TikTok's top videos, creators and trends of 2023
- Trump's defense concludes its case in New York fraud trial
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Inflation cools again ahead of the Federal Reserve's final interest rate decision in 2023
- Missiles from rebel territory in Yemen miss a ship near the key Bab el-Mandeb Strait
- Judge vacates murder conviction of Chicago man wrongfully imprisoned for 35 years
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
AT&T Stadium employee accused of letting ticketless fans into Cowboys-Eagles game for cash
Serbian democracy activists feel betrayed as freedoms, and a path to the EU, slip away
Caitlin Clark signs NIL with Gatorade. How does Iowa star stack up to other star athletes?
DoorDash steps up driver ID checks after traffic safety complaints
House set for key vote on Biden impeachment inquiry as Republicans unite behind investigation
Vikings bench Joshua Dobbs, turn to Nick Mullens as fourth different starting QB this season
DeSantis’ campaign and allied super PAC face new concerns about legal conflicts, AP sources say