Cambodia inaugurates new Chinese-funded
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.