Chinese consortium explores opportunities in Sihanoukville

Consortium, Sihanouk Ville
A delegation of Chinese companies on Tuesday announced its readiness to invest in internet-based services for Cambodia’s tourism sector, particularly in Sihanoukville. Their intention to invest in the Kingdom was stated during a meeting between Wu Yunfu, chairman of China-based Internet Investment Holding Group Co., Ltd., and Yun Min, governor of Preah Sihanouk province. Mr Wu told the Cambodian governor that the members of the Chinese delegation were looking forward to investing in Si...
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$1bln megaproject to boost Sihanoukville’s economy

With an investment of more than $1 billion, Wisney World, a massive project comprising a water park, casino and resorts, will be raised in Preah Sihanouk province over the next four years, according to a project representative. Wisney World will be built over 65 hectares of land, 20 percent of which will be preserved as nature parks, according to Lim Chay Loon, president of SV International, a project shareholder. The project is a joint venture of national and foreign investors. “Th...
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Ministry to crack down on fake service charges

Service Charge,. Cambodia Tourism News
TOURISM sector businesses will be fined up to 300,000 riel ($75) if caught imposing “service charges” without first applying to the Ministry of Tourism, an announcement issued on Monday said. The ministry’s director of the tourism, accommodation and food and beverage (F&B) management, Kim Serey Rath, who issued the warning, told The Post on Monday: “We will check on restaurants and those providing accommodations. “And if anyone is found abusing the order, we will issue them with fi...
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Angkor drone rules need to be tightened

The Apsara Authority has created a working group to strengthen a ban on using drones around the Angkor area in Siem Reap province. The authority recently held a meeting over the issue because some people were flouting the ban, which was imposed in 2016. It said that during the first three months of this year, 158 drones flew around the Angkor area, compared to 58 in all of 2017. In the last two years, many people used drones in the area to take pictures and record video despite the auth...
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New loan scheme for tourism students takes aim at labour shortage

The government on Wednesday announced they are working on a loan scheme that will help tourism students finance courses at universities and vocational centres. The loan programme will count with the collaboration of banks and microfinance institutions, who will disburse the loans, as well as course providers, including hotel and restaurant associations, universities and vocational centres, according to Chea Bora, Secretary of State at the Ministry of Tourism. He said the envisioned program...
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