Sageras, a Chinese defense company, is investing in a 132-hectare industrial park near Phnom Penh, Cambodia. This project, a collaboration with Cambodia’s Ministry of Defense, aims to expand local drone manufacturing and defense technology capabilities.

The Chinese defense company, Sageras, has announced a significant investment in constructing a new industrial park situated near Phnom Penh, Cambodia’s capital. This venture is a collaborative effort with Cambodia’s Ministry of Defense, specifically the General Department of Materials and Technology. The industrial park spans an area of 132 hectares, although the total volume of investment remains undisclosed. Sageras specializes in the production of drones and advanced drone defense technologies, as reported by Radio Free Asia.

In conclusion, the recent investment by Sageras in Cambodia’s industrial park signifies the growing relationship between China and Cambodia. The establishment will enhance Cambodia’s defense capabilities while fostering economic developments, warranted by the collaboration between the Cambodian government and foreign investors. This strategic partnership may lead to advancements in drone technology in the region.

Original Source: table.media

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