December 20, 2010 — A post on Financial Times’ beyondbrics blog highlights Cambodia’s manufacturing and the announcement that Minebea, a Japanese precision component manufacturer, will build a factory near Phnom Penh. The author quotes Véronique Salze-Lozac’h’s In Asia piece, “Diversifying Cambodia’s Economy, Easier Said than Done” (September 15, 2010). According to Salze-Lozac’h, “Cambodia’s economy remains dangerously dependent on a narrow range of sectors, including rice-based agriculture, garments, tourism, and construction. The recent economic crisis has proven how vulnerable such a narrow economic base can be, and demonstrated, more acutely than ever, the necessity for diversification.” Read the full post: “Cambodia flexes manufacturing muscle.”
