Korean Media Disappointed with the Construction of Cambodia's 'Funan T…

  • 나그네
  • 08-06
  • 156
  • 0
Cambodia Starts Construction Of Punanteco Canal Suspected For Military Use Of China source

Pro-China Cambodia Constructs Canal Controversy Over 'China-Battleship Passage'..."It's complete" source

Cambodia to begin construction of the Mekong River canal amid controversy over China's 'One Belt, One Road' source

Cambodia Starts 180km Canal...中 Concerns over the use of warships source



  The above articles are reports by Korean media who have negative thoughts on the news of the construction of the Punan Teco Canal, which Cambodia has launched. It is unusual for a country where there is no conflict of interest with the Cambodian canal.

  It must be a good thing for Cambodia in any way, so why do the Korean media disapprove of the country's canal construction?

  How can four media outlets publish the same tone of the story on the news of the construction of a canal in distant Cambodia?

  As I can feel from the titles, what they consistently say is the absurd content that 'China can use the canal for military purposes'. However, each media report is the same as a copy of someone's writing.

  It's not even communist North Korea, so it's a question of how this can happen.

  Isn't there a place where they wrote articles for these media companies instead?

  Let's approach it objectively, unlike those strange twin knights.



  The first port connecting the canal's Tayman, which started construction today, is Kep, which is Cambodia's only deep-sea port. You can estimate the location by looking at the map below.

Punanteco Canal to Kep, a deep sea port
Punanteco Canal to Kep, a deep sea port

  Cambodia should not use its only deep-sea port to respond to negative articles reported by Korean media. In other words, large container ships will use Vietnamese ports as they have been, and Cambodia will have to pay freight to Vietnam permanently in import and export.

  Cambodia uses Vietnamese ports for about a third of the import and export volume, and there is no reason to dare to argue unless the South Korean side is thinking of paying for the freight of the goods to Vietnam.

  Second, Cambodia estimates that the Punan Teko Canal will create about 50,000 jobs. According to Korean media, it means not to build the canal, but to maintain a high unemployment rate and eat fish in Lake Tonresap with a good natural scenery.

  If you have expressed negative thoughts on the construction of canals in other countries, you should suggest an alternative. I'm also curious about how Korean media companies will feed about 50,000 people in Cambodia.

  Third, this canal is built in a B.O.T (construction-operation-transfer) manner. It is a condition that China is responsible for the maintenance and management of the canal with funding and operating income such as tolls for 40 to 50 years.

  For Cambodia, the fare paid while using the Vietnamese port is given to China, and the full rights of the canal are transferred 40 to 50 years later. Why did Korean media think Cambodia should reject these favorable conditions?

  Fourth, the optimal environment for foreign investment in Cambodia is established as a result of connecting from Tayman to Phnom Penh on a water highway. In other words, Cambodia will have the best infrastructure to develop.

  Moreover, from the perspective of Chinese companies that have to make profits from B.O.T. construction, efforts should be made to allow even their own companies to enter the vicinity of the Punan Teco Canal. For Cambodia, which does not have any special issues related to economic development, working on the construction of the canal is a very important task. 

  Fifth, Cambodia can actively promote its low-wage labor market to foreign companies after the construction of the canal. It is clear that the already equipped water highways are favorable conditions for foreign companies planning new investments. Containers loaded on ships directly from the factory can go non-stop to New York Port.

  Sixth, the 180 km canal with a width of 100 meters and a depth of 5.4 meters can have an excellent effect on flood control in Cambodia.



  Unlike the nuances reported by Korean media, Cambodia is responsible for 51 percent of the $1.7 billion canal project. Korean articles have a nuance as if China will pay 100 percent and carry out unilateral operation.

  Cambodia analyzes that the construction of the canal will reduce the utilization rate of Vietnamese ports to 30% of the current level.

  The claim that Chinese warships will use the canal for military purposes is 'absurd'. Is there an army that pushes its warships into such an obvious waterway and claims to be a target?

  Does it mean that South Korea can build destroyers side by side on the Gimpo Canal on the Han River and threaten North Korea?



➥ BOT(Build-Operate-Transfer)

  The Build-Operate-Transfer (BOT) method is a form of private investment business and includes the following steps.

  Build (Construction): Private operators raise funds for public or public works projects and complete the facilities in charge of design and construction.

  Operation: The completed facility is operated by a private operator for a certain period of time, and the investment is recovered from the profits generated from the operation.

  Transfer: At the end of the operating period, ownership of the facility is transferred to the state or local government.



  [Advantages of the BOT method]

  Easing the financial burden: It can reduce the financial burden on the government or local governments.

  Increase efficiency: private creative and efficient management techniques can be introduced.

  Early service delivery: can provide public infrastructure services early.

  The BOT method is mainly used for the construction of roads, ports, and railroads, and private toll roads in Korea are also built and operated in the same way.

 Cambodia Starts Construction Of Punanteco Canal Suspected For Military Use Of China source

Pro-China Cambodia Constructs Canal Controversy Over 'China-Battleship Passage'..."It's complete" source

Cambodia to begin construction of the Mekong River canal amid controversy over China's 'One Belt, One Road' source

Cambodia Starts 180km Canal...中 Concerns over the use of warships source



  The above articles are reports by Korean media who have negative thoughts on the news of the construction of the Punan Teco Canal, which Cambodia has launched. It is unusual for a country where there is no conflict of interest with the Cambodian canal.

  It must be a good thing for Cambodia in any way, so why do the Korean media disapprove of the country's canal construction?

  How can four media outlets publish the same tone of the story on the news of the construction of a canal in distant Cambodia?

  As I can feel from the titles, what they consistently say is the absurd content that 'China can use the canal for military purposes'. However, each media report is the same as a copy of someone's writing.

  It's not even communist North Korea, so it's a question of how this can happen.

  Isn't there a place where they wrote articles for these media companies instead?

  Let's approach it objectively, unlike those strange twin knights.



  The first port connecting the canal's Tayman, which started construction today, is Kep, which is Cambodia's only deep-sea port. You can estimate the location by looking at the map below.

Punanteco Canal to Kep, a deep sea port
Punanteco Canal to Kep, a deep sea port

  Cambodia should not use its only deep-sea port to respond to negative articles reported by Korean media. In other words, large container ships will use Vietnamese ports as they have been, and Cambodia will have to pay freight to Vietnam permanently in import and export.

  Cambodia uses Vietnamese ports for about a third of the import and export volume, and there is no reason to dare to argue unless the South Korean side is thinking of paying for the freight of the goods to Vietnam.

  Second, Cambodia estimates that the Punan Teko Canal will create about 50,000 jobs. According to Korean media, it means not to build the canal, but to maintain a high unemployment rate and eat fish in Lake Tonresap with a good natural scenery.

  If you have expressed negative thoughts on the construction of canals in other countries, you should suggest an alternative. I'm also curious about how Korean media companies will feed about 50,000 people in Cambodia.

  Third, this canal is built in a B.O.T (construction-operation-transfer) manner. It is a condition that China is responsible for the maintenance and management of the canal with funding and operating income such as tolls for 40 to 50 years.

  For Cambodia, the fare paid while using the Vietnamese port is given to China, and the full rights of the canal are transferred 40 to 50 years later. Why did Korean media think Cambodia should reject these favorable conditions?

  Fourth, the optimal environment for foreign investment in Cambodia is established as a result of connecting from Tayman to Phnom Penh on a water highway. In other words, Cambodia will have the best infrastructure to develop.

  Moreover, from the perspective of Chinese companies that have to make profits from B.O.T. construction, efforts should be made to allow even their own companies to enter the vicinity of the Punan Teco Canal. For Cambodia, which does not have any special issues related to economic development, working on the construction of the canal is a very important task. 

  Fifth, Cambodia can actively promote its low-wage labor market to foreign companies after the construction of the canal. It is clear that the already equipped water highways are favorable conditions for foreign companies planning new investments. Containers loaded on ships directly from the factory can go non-stop to New York Port.

  Sixth, the 180 km canal with a width of 100 meters and a depth of 5.4 meters can have an excellent effect on flood control in Cambodia.



  Unlike the nuances reported by Korean media, Cambodia is responsible for 51 percent of the $1.7 billion canal project. Korean articles have a nuance as if China will pay 100 percent and carry out unilateral operation.

  Cambodia analyzes that the construction of the canal will reduce the utilization rate of Vietnamese ports to 30% of the current level.

  The claim that Chinese warships will use the canal for military purposes is 'absurd'. Is there an army that pushes its warships into such an obvious waterway and claims to be a target?

  Does it mean that South Korea can build destroyers side by side on the Gimpo Canal on the Han River and threaten North Korea?



➥ BOT(Build-Operate-Transfer)

  The Build-Operate-Transfer (BOT) method is a form of private investment business and includes the following steps.

  Build (Construction): Private operators raise funds for public or public works projects and complete the facilities in charge of design and construction.

  Operation: The completed facility is operated by a private operator for a certain period of time, and the investment is recovered from the profits generated from the operation.

  Transfer: At the end of the operating period, ownership of the facility is transferred to the state or local government.



  [Advantages of the BOT method]

  Easing the financial burden: It can reduce the financial burden on the government or local governments.

  Increase efficiency: private creative and efficient management techniques can be introduced.

  Early service delivery: can provide public infrastructure services early.

  The BOT method is mainly used for the construction of roads, ports, and railroads, and private toll roads in Korea are also built and operated in the same way.

  source: https://bookdu-3.blogspot.com/2024/08/korean-media-disappointed-with.html