China gifts new $150m stadium to Cambodia

China handed over to Cambodia a $150 million stadium in Phnom Penh, with officials saying Sunday it is the result of Beijing’s biggest ever infrastructure grant to the country.

The 60,000-capacity venue is the latest project under China’s trillion-dollar Belt and Road initiative, a plan to fund infrastructure projects and increase its sway overseas.

The presentation of the arena, intended as the main venue when Cambodia hosts the Southeast Asian (SEA) Games in 2023, was made by China’s Foreign Minister Wang Yi during his visit.

In full: https://www.brecorder.com/news/40119823

Related Stories

Latest News

The Weekly DispatchA weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.