Tourism Indochina: Tourism is a Major Foreign Currency Earner for Cash-strapped Cambodia

Tourism is a major foreign currency earner for cash-strapped Cambodia, which hosts nearly 1.5 million foreign tourists each year, mostly from South Korea, Japan and the United States.
By: Bayon Heritage Travel & Tours-Signatures of Asia
 
Dec. 15, 2011 - PRLog -- The tourism industry in Cambodia is the country's second-greatest source of hard currency after the textile industry. Between January and December 2007, visitor arrivals were 2.0 million, an increase of 18.5% over the same period in 2006. Most visitors (51%) arrived through Siem Reap with the remainder (49%) through Phnom Penh and other destinations. Other tourist destinations include Sihanoukville in the south east which has several popular beach resorts and the area around Kampot and Kep including the Bokor Hill Station. Tourism has increased steadily each year in the relatively stable period since the 1993 UNTAC elections; in 1993 there were 118,183 international tourists, and in 2009 there were 2,161,577 international tourists.

Most of the tourists were Japanese, Chinese, Americans, South Koreans and French people, said the report, adding that the industry earned some 1,400 million U.S. dollars in 2007, accounting for almost ten percent of the kingdom's gross national products. Chinese-language newspaper Jianhua Daily quoted industry official as saying that Cambodia will have three million foreign tourist arrival in 2010 and five million in 2015. Tourism has been one of Cambodia's triple pillar industries. The Angkor Wat historical park in Siem Reap province, the beaches in Sihanoukville and the capital city Phnom Penh are the main attractions for foreign tourists.

Tourism Indochina: Tourism is a Major Foreign Currency Earner for Cash-strapped Cambodia:
(Tourism Indochina:Date : 2010-03-04): PHNOM PENH (Cambodia) - South Korea has provided US$9.2 million (S$12.9 million) to Cambodia to build a new road that will circle the famed Angkor temple complex and reduce traffic in the area, officials said Monday.

The 21-kilometer road will be closed to trucks to reduce pollution, noise and vibrations that could damage the ancient ruins, said Soeung Kong, vice secretary-general of the Apsara Authority, the government agency that oversees the temples.

Construction will start this year and take three years to complete, he said. It will be the second road in the Angkor area funded by South Korea, connecting with existing roads to the north and northwest of the temples, said South Korean Embassy official Son Sungil. The first road extended south from the temple complex.

Tourism is a major foreign currency earner for cash-strapped Cambodia, which hosts nearly 1.5 million foreign tourists each year, mostly from South Korea, Japan and the United States. More than half of the tourists visit Angkor, a UNESCO World Heritage site in northwestern Siem Reap province.

The temples were built when Angkorian kings ruled over much of Southeast Asia between the 9th and 14th centuries.

Conservationists have long expressed concerns about tourism's impact. They say uncontrolled pumping of underground water to meet the rising demand of hotels and residents in the nearby town of Siem Reap may be destabilizing the earth beneath the temples. -- AP

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Source:Bayon Heritage Travel & Tours-Signatures of Asia
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