China protests seen unlikely to dent Indochina prospects

A backlash against a perceived influx of Chinese investment has sparked protests in both Vietnam and Cambodia this year, though experts say the outlook for two of the region’s most promising gaming markets remains positive. Most recently the protests have centered on plans for three economic zones in Vietnam, one in the center, one in Van Don in the far north and the other at Phu Quoc in the south. Both Van Dong and Phu Quoc are home to large integrated resorts under development, which will be part of a pilot scheme to allow locals to play in casinos. At least eight people have been arrested in violent protests, which were sparked in part by plans to grant foreign investors 99-year leases on the land. Locals fear the zones, which also grant generous tax privileges, will be dominated by Chinese investors. In Cambodia, local discontent has centered on Sihanoukville, where an influx...

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