China to invest billions of dollars in ally Cambodia | daily-sun.com

China to invest billions of dollars in ally Cambodia

Sun Online Desk     11th January, 2018 01:31:51 printer

China to invest billions of dollars in ally Cambodia

 

Cambodia and China have signed nearly 20 agreements worth several billion dollars to develop the impoverished Southeast Asian country's infrastructure, agriculture and health care.

 

The agreements and memorandums of understanding were signed during a meeting between Cambodian Prime Minister Hun Sen and his Chinese counterpart, Li Keqiang. Li led a senior delegation on a daylong official visit Thursday to Cambodia, China's close ally.

 

Among the major agreements is building a new expressway more than 200 kilometers (125 miles) long linking the capital, Phnom Penh, with the coastal city of Sihanoukville,, and a new Phnom Penh international airport, reports AP.

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