Current:Home > NewsCambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat -AssetTrainer
Cambodia inaugurates new Chinese-funded airport serving popular tourist destination of Angkor Wat
View
Date:2025-04-18 16:20:52
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! (555)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Migrant boat disaster: What to know about the tragedy off the coast of Greece
- New York Mayor Champions Economic Justice in Sustainability Plan
- Oil Giants See a Future in Offshore Wind Power. Their Suppliers Are Investing, Too.
- 'Most Whopper
- Biden Signs Sweeping Orders to Tackle Climate Change and Rollback Trump’s Anti-Environment Legacy
- In Remote Town in Mali, Africa’s Climate Change Future is Now
- New York’s Giant Pension Fund Doubles Climate-Smart Investment
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- China’s Ability to Feed Its People Questioned by UN Expert
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Droughts That Start Over the Ocean? They’re Often Worse Than Those That Form Over Land
- Interactive: Superfund Sites Vulnerable to Climate Change
- How Much Global Warming Is Fossil Fuel Infrastructure Locking In?
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Clean Energy Soared in the U.S. in 2017 Due to Economics, Policy and Technology
- Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
- Titan investigators will try to find out why sub imploded. Here's what they'll do.
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
New Details Revealed About Wild 'N Out Star Jacky Oh's Final Moments
Prince Harry Testimony Bombshells: Princess Diana Hacked, Chelsy Davy Breakup and More
Lala Kent Addresses Vanderpump Rules Reunion Theories—Including Raquel Leviss Pregnancy Rumors
'We're reborn!' Gazans express joy at returning home to north
Pete Davidson Speaks Out After Heated Voicemail to PETA About New Dog Is Leaked Online
Court Strikes Down Trump Rollback of Climate Regulations for Coal-Fired Power Plants
Rachel Brosnahan Recalls Aunt Kate Spade's Magic on 5th Anniversary of Her Death