Is Chinese money drowning Sihanoukville, Cambodia? Floods blamed on rapid pace of development

[geovalin]

• The coastal city has become a focal point for investment from China, but the pace of development has outpaced essential town planning
• When floods caused extensive damage last month it raised safety concerns, and worries that things are only going to get worse

 

Maggie Eno and her Cambodian staff wade through thigh-high murky water as they assess the devastating damage at their headquarters. Destruction surrounds them as they start the huge task of clearing up in the wake of unprecedented flooding that left Cambodian coastal city Sihanoukville under water.

 

“Our building has been here for 11 years and we’ve never seen flooding like this,” says Eno, co-director of M’lop Tapang, a non-profit organisation that works with thousands of vulnerable children and adults in the province. “People here are worried and frustrated. It’s a very dangerous situation.”

 

read more https://www.scmp.com/lifestyle/travel-leisure/article/3024872/chinese-money-drowning-sihanoukville-cambodia-floods

[Isaan sailor]

Yes Chinese money has flooded into Cambodia, just as it floods Bank of Thailand every trading day as foreign hot money inflows.  The difference, though: Cambodia gets a ChiCom military base, and in Thailand, the Baht keeps rising--all planned to tank the tourist and export industry.

[phantomfiddler]

The bully of Asia has destroyed Sihanoukville and is busy taking over wherever it can. Oh to see that perpetual smirk wiped off the man,s face !

[madmen]

I remember when they were trying to buy out australian iron ore mines etc. Sorry mr chow no can do

[phycokiller]

sadly concrete doesnt absorb water very well, thats why they make swimming pools out of it. not only is sihanoukville flooding but phnom penh has no water and electricity at the height of the hot season. these problems arent going to magically disappear, they are going to get worse. hun sen really needs to get his <deleted> together or these cities are going to go the way of angkor wat 

[wavodavo]

20 hours ago, madmen said:

I remember when they were trying to buy out australian iron ore mines etc. Sorry mr chow no can do

That didnt  stop them. They now own Cubby farm ..the largest cotton farm in au also most of the dairy farms and milk  factories as well as millions of square miles of cattle properties in northern australia.etc..etc.