Cambodia Secures $44 Million Grant From China for Railway Construction

The countries pledged to build 'diamond-like cooperation’ with new agreements

Cambodian Prime Minister Hun Sen arrives at the Independence Monument to attend celebrations marking the 65th anniversary of the country's independence from France, in Phnom Penh, Cambodia, on Nov. 9, 2018. Samrang Pring/Reuters

China has offered Cambodia a grant package worth 300 million yuan ($44 million) to support railway construction as the two communist-ruled nations seek to build a “diamond cooperation framework” in six areas.

Chinese leader Xi Jinping announced the grant package after a Feb. 11 meeting with his Cambodian counterpart, Hun Sen, who was on a three-day official visit to China, the National Television of Cambodia reported.