The Asia Foundation

The Asia Foundation
Addressing the Critical Issues Facing Asia - 60 Years
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Japanese Manufacturer Minebea Opens Factory near Phnom Penh

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.”

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