China’s growing influence – through its new multilateral institution – is reshaping the environmental and economic future of Southeast Asia
Government ill-equipped to handle the emergency, with notices going up and down the chain of command, redundant communications and general confusion about when to start evacuations.
Even if the Thailand 4.0 initiative is successful, its economic benefits would be rather limited. The Thai economy would only expand at 3.1 percent while millions of jobs could be lost.
Yu Veasna, a land rights activist from Sihanoukville, said Chinese investors in the area had encroached on the Prek Toub lake in the town, which was the main water source for the local community.
A recent survey suggests that Cambodia, Myanmar and Thailand have also established SEZs and are offering greater incentives than Laos.
Despite fears raised by residents over the recent influx of its nationals, an official from the Asian giant on Monday said President Xi Jinping is pushing for further investment in the coastal area.
In Cambodia, the large-scale, unchecked exploitation of natural resources such as land, timber and minerals has long had heavy impacts on the environment, and has prompted environmental activists and affected communities to campaign against the companies involved.