Siem Reap ‘rising star’ of the north, PM declares

Apr 4th at 08:15
04-04-2022 08:15:29+07:00

Siem Reap ‘rising star’ of the north, PM declares

Prime Minister Hun Sen has declared Siem Reap a “rising star” in the north of Cambodia, drawing parallels with Preah Sihanouk’s dominance in the southwest, as he lauded the province’s impressive strides made in socioeconomic and infrastructural development that have been crested by its new international airport.

During an inspection ceremony for the new Siem Reap-Angkor International Airport on April 3, Hun Sen said that it was time for Cambodia to declare the cultural and historical province the “rising star in the north” following in Preah Sihanouk province’s footsteps as the “rising star in the southwest”, given that the home of world-famous Angkor Wat has achieved rapid progress in its socio-economic and infrastructural development.

“Another rising star, this time in the north – it's about time we say so,” he said. “We have made a lot of progress on the [economic] connections between Phnom Penh and Siem Reap, to Banteay Meanchey and Battambang, coupled with injecting a lot of capital investment into Siem Reap and building good support infrastructure in the provincial town for the giant international airport,” he said.

The prime minister said that the “rising star in the north” title does not only refer to the economic development in Siem Reap, but also the economic development in the surrounding provinces, including Oddar Meanchey, Kampong Thom and part of Preah Vihear province.

Hun Sen stated that a satellite city has been planned around the new international airport in Sotr Nikum district east of Siem Reap town, which will be designated as a residential area, and noted that the investment in the airport would not only benefit shareholders, but also the people of the province and across the nation through the facilitation of increased tourism.

Siem Reap Provincial Administration spokesman Ly Samrith told The Post that the region had already been developing itself long before being declared a “rising star”. Nonetheless, he expressed appreciation for the title, saying it would be a catalyst for a further increase in pace of socio-economic development in Siem Reap and lead to more tourists and businesses taking interest in the province.

“Prime Minister Hun Sen’s designation of our province as a ‘rising star’ promotes the growth of development in tandem with the launch of our new international airport, and will doubly increase the growth of tourism, business and services,” he said.

Samrith echoed the prime minister’s views that, as the province grows and develops economically and socially, its people, as well as those throughout Cambodia, will benefit from its progress.

The government set aside $150 million from the national budget to revamp 38 roads in Siem Reap to enhance the beauty of the province in a bid to attract tourists. The Ministry of Public Works and Transport affirmed on April 2 that the roads would be inaugurated on April 4.

The new Siem Reap International Airport is being built on a 750ha plot of land with capital investment of approximately $900 million. The project has reached 22 per cent completion as of end-March, according to an announcement by a State Secretariat of Civil Aviation spokesperson, with a test landing scheduled for October 2023.

phnompenh post




NEWS SAME CATEGORY

Five sectors for Korean investors

The finance minister is encouraging Korean investors to pursue opportunities in Cambodia offered by five key sectors – green infrastructure, agriculture, tourism...

Co-op eyed with Francophone states

Cambodia Chamber of Commerce (CCC) president Kith Meng encouraged the 88 member states and governments of the International Organisation of La Francophonie (OIF) to...

Hun Sen, Japan PM discuss potential FTA, conglomerate investment, agriculture exports

Prime Minister Hun Sen has asked his Japanese counterpart Fumio Kishida to consider calling for a study on the potential establishment of a bilateral free trade...

Korea trade up 23% to $195M in Jan-Feb

Bilateral trade between Cambodia and South Korea reached $195.124 million in the first two months of 2022, a 22.762 per cent surge from $158.945 million in...

Singapore minister reiterates bilateral trade commitment

Singaporean Minister of Commerce and Industry Gan Kim Yong has reiterated the city-state’s commitment to strengthening bilateral trade cooperation with Cambodia, as...

CDC okays $2.38B of projects in Jan-Feb

The Council for the Development of Cambodia (CDC) has in the first two months of this year announced its approval of final registration certificates for 37...

Kingdom may exit LDC ‘by 2028’ on RCEP

The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country...

Cambodia, Oz to bolster trade, investment

Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all...

Cambodia, EU renew trade, investment vows

Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic.

Single Portal logs 12,201 companies

More than 12,000 companies have been successfully registered on the government’s online business registration system, also known as the Single Portal, in the nearly...


MOST READ


Back To Top