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.
