China brings casino boom to Cambodian town – but doom to local businesses?

The new season of The New Silk Road looks at how Chinese money is changing Sihanoukville and Phnom Penh, from the glitz and glamour, jobs and construction boom to the sudden imbalance, animosity and anxiety.

It used to be a sleepy town in south-western Cambodia, popular with backpackers for its beautiful beaches.

But in the past two years, Sihanoukville has seen nearly three dozen Chinese-run casinos spring up, with another 70 under construction – all in an area that is a tenth of the size of Singapore.

Thanks to China’s Belt and Road initiative, this coastal town has been reshaped into a casino hub – with tourism numbers, foreign investment and the economy all booming.

Read the full story: https://www.channelnewsasia.com/news/cnainsider/china-belt-road-casino-boom-sihanoukville-cambodia-phnom-penh-10846730

© 2018, The Cambodia Daily. All rights reserved No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.