Logo of Phnom Penh Post newspaper Phnom Penh Post - Sihanoukville in the dark over Ariston cash



Sihanoukville in the dark over Ariston cash

Sihanoukville in the dark over Ariston cash

T HE controversial $1.3 billion Ariston deal to develop a casino and

infrastructure in Sihanoukville has caused barely a ripple in the southern

province.

Governor Thoan Bun Sron has been told practically nothing about

the deal.

He had only heard in passing that Ariston was refurbishing the casino ship

Heritage that will be operating in Phnom Penh.

"Is that true?" he asked.

"They have been allowed to bring a ship into Phnom Penh... what happened to

Sihanoukville?"

"The primary aims of the deal is for here

(Sihanoukville), not there ( in Phnom Penh ),"Bun Sron said.

Still the

province is waiting for the first dollar to be invested there.

"I can

understand the big investors waiting to see who is coming here first, to see

maybe if anyone gets burned or not," he said.

However, Bun Sron said that should Ariston "spend $100 million

straightway...that will create a big spin-of."

Any expenditure in

electricity supply, sewage, roading, "anything, we are just waiting who will be

first to come. We know some (companies) want to come... they are just not sure,"

he said.

Since the Ariston deal was singed three company representatives

had visited on a courtesy call. "Hopefully they will be coming back soon to

start something serious."

"I don't know if Ariston is required (under

the deal) to have time limits or deadlines, I just don't know."

Meanwhile, But Sron said he had been told that three Cambodian

province-Sihanoukville, Phnom Penh muncipality and Siem Reap-would soon be

allowed to collect their own revenue from local taxes.

"We get no help

from Phnom Penh. We have asked but they are unable to provide us with material

assistance," he said.

Currently, all local revenue goes to central

government coffers. Provinces submit development proposals for financial

approval.

"This has caused a lot of delays and difficulties," he said

He said that even projects as small as repairing a one kilometer stretch

of local road had to be costed and approved from Phnom Penh.

"This system

has to be changed. I'm told the government is looking to change it this year,"

he said, referring to the above three areas.

MOST VIEWED

  • Municipal hall releases map detailing colour coded Covid risks by commune

    Phnom Penh municipal governor Khuong Sreng released an official map detailing the red, yellow and dark yellow zones within the city under the new lockdown orders for Phnom Penh announced on April 26. The designation of red, dark yellow and yellow corresponds to areas with high,

  • Phnom Penh unveils rules for post-lockdown transition

    The Phnom Penh Municipal Administration issued a set of detailed guidelines for the seven days to May 12 after the capital emerges from lockdown at the onset of May 6. In the 14-page document signed by municipal governor Khuong Sreng released on the evening of May 5, the

  • SBI LY HOUR Bank Launches Cross Border Money Transfer Service between Cambodia and Vietnam on RippleNet, utilizing DLT

    SBI LY HOUR Bank Plc and Hanoi-based Tien Phong Commercial Joint Stock Bank (TPBank) on Friday launched the first Cambodia-Vietnam money transfer service in real currency via RippleNet, provided by SBI Ripple Asia Co Ltd to provide safe, fast and convenient services. SBI LY HOUR

  • Phnom Penh, Takmao lockdown extended for another week

    The government late on April 26 announced an extension of lockdown in Phnom Penh and adjacent Takmao town in Kandal province for another seven days – or longer if residents do not comply with Covid-19 preventive measures and the community outbreak does not subside – until May 5. According

  • Gov't mulls extension of Phnom Penh, Takmao lockdown

    The Inter-ministerial National Commission for the Control and Enforcement of Lockdown held a video conference meeting on April 25 to review a draft document on the extension of lockdown in Phnom Penh and adjacent Kandal province’s Takmao town. The meeting was chaired by Minister of

  • Gov’t issues guidelines as lockdown nears end

    The government has issued a five-page set of instructions to be enforced when the three-week lockdown of Phnom Penh and adjacent Takmao town in Kandal province ends on May 6. According to an announcement signed by Prime Minister Hun Sen on May 4, the instructions cover a