A Chinese defense company and its Cambodian partner have begun developing an industrial park on the outskirts of Phnom Penh, strengthening China’s foothold in the kingdom’s defense sector.
Cambodia’s defense minister Tea Seiha, who is also a deputy prime minister, presided over a groundbreaking ceremony for the C-01 industrial park, on Monday in Kandal province outside the capital, according to for their involvement in the development and production of drones for Russian military use in the Ukraine war.
China is the largest foreign investor in Cambodia and has provided loans to many major infrastructure projects via the Belt and Road Initiative.
As of October 2024, Cambodia had more than 2,300 industrial factories, half of which received investment from China of US$9 billion in total, according to the Kingdom’s industry ministry.
Edited by Mike Firn
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