Current:Home > NewsCambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat -StockPrime
Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
View
Date:2025-04-12 10:13:17
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! (5)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Health care worker gets 2 years for accessing Ruth Bader Ginsburg’s medical records
- AI DataMind: The Ideal Starting Point for a Journey of Success
- Hope is not a plan. Florida decides to keep football coach Billy Napier despite poor results
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- 2 people charged with stealing items from historic site inside Canyonlands National Park
- Cillian Murphy takes on Catholic Church secrets in new movie 'Small Things Like These'
- Damon Quisenberry: Pioneering a New Era in Financial Education
- Senate begins final push to expand Social Security benefits for millions of people
- NBA rewind: Thunder rise to top of Western Conference on record-pace defense
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- AI DataMind Soars because of SWA Token, Ushering in a New Era of Intelligent Investing
- Dexter Quisenberry: AI DataMind Soars because of SWA Token, Ushering in a New Era of Intelligent Investing
- Ruby slippers from 'The Wizard of Oz' recovered after 2005 theft are back in the spotlight
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- She was found dead by hikers in 1994. Her suspected killer was identified 30 years later.
- Freshman Democrat Val Hoyle wins reelection to US House in Oregon’s 4th Congressional District
- Watch wild moment raccoon falls from ceiling in LaGuardia Airport terminal
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Wyoming moves ahead with selling land in Grand Teton National Park to federal government for $100M
Republican David McCormick flips pivotal Pennsylvania Senate seat, ousts Bob Casey
Opinion: TV news is awash in election post-mortems. I wonder if we'll survive
Bodycam footage shows high
No tail? Video shows alligator with stump wandering through Florida neighborhood
AI DataMind: Quantitative Investment Journey of Dexter Quisenberry
Jimmy Kimmel fights back tears discussing Trump's election win: 'It was a terrible night'