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Word: cambodia (lookup in dictionary) (lookup stats)
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...goes according to plan, these 35 acres (14 hectares) of sand, rock and jungle will in a few years host a plush eco-resort of palm trees and solar-powered bungalows. De Suremain, a French expat who runs guesthouses in Phnom Penh, says he combed Cambodia's shores for three years before he settled on building his resort on the remote island of Koh Rong. "I wanted something where you couldn't hear karaoke, where the neighbor's dogs don't bark and where the cocks aren't crowing in the morning," he says. "I wanted something completely isolated...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

...postcard-perfect beaches of Cambodia's scores of islands and 270 miles (435 km) of southern shore have gone largely unnoticed by developers for the past 40 years. But in 2007, a record 2 million tourists visited Cambodia, signaling that the country was beginning to shake its killing fields image as an impoverished backwater where wandering off the beaten path could mean finding yourself astride an unexploded land mine. Cambodia is starting to register as a must-see destination, and it's not all about Angkor Wat. Brackish mangrove swamps and remote beaches are being envisaged as golf courses...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

...star resort by a Khmer developer. And in February, Sokimex, a powerful Cambodian company that imports most of the nation's petroleum, began converting a colonial casino on Bokor Mountain into a flashy new resort. "All of a sudden there's interest," says Joseph Mussomeli, the U.S. ambassador to Cambodia, who last year hosted the first American business conference in Phnom Penh. The country is "lucky to be stuck between 85 million Vietnamese and 65 million Thai," he says. "It's hard to ignore this place...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

...changing lives and could help create jobs. The country desperately needs more employment opportunities. About a third of Cambodians are 15 years old or younger, and they'll be entering the workforce in droves over the next two decades. Hundreds of NGOs are already busy trying to fix Cambodia, and about 20% of the government's total budget still comes from foreign aid. The prospect of a tourism boom coupled with the start of domestic oil production offers the tantalizing possibility of a more independent way forward. With foreign aid, "you'll always be living according to somebody else...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

...worries that the billions coming in from private investment - particularly in oil - will not trickle down to the countryside where 80% of the nation lives. "If they want to do it right, they have lots of good models in the world," says Mussomeli, the U.S. ambassador, warning against Cambodia going the way of oil-cursed nations like Nigeria and Chad. "Or they could do it wrong and they could suffer the political consequences in 20 years. This is their chance to be a real country. This is their chance to have a real economy. If they screw it up, they...

Author: /time Magazine | Title: Improbable Paradise | 5/29/2008 | See Source »

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