Location Determined for Airport Development Project in Mondulkiri

The Secretary of State for Civil Aviation has said that the administration of Mondulkiri province has designated some 300 hectares of land for the construction of an airport in the northeastern province.

Sin Chansereyvutha, spokesman for the State Secretariat of Civil Aviation, said that authorities are now approaching the boundaries of the airport after setting the location of the new airport.

According to a spokesman, the location of the airport is in O’ Reang district of Mondulkiri province.

“After the administration of Mondulkiri province handed over land to build the airport two weeks ago, fencing the boundaries around airport has been made, but there is no construction,” he said.

The government recently announced a plan to study airport construction projects in northeastern provinces including Mondulkiri or Ratanakiri provinces and the airport is to facilitate tourist travel and to turn the northeastern province into a main hub in the country.

The feasibility study in Mondulkiri province was announced in April and it is in the framework of the development of new tourism products for northeastern provinces. As planned, the airport will be used only for domestic travel.

According to Mr Chansereyvutha, the new airport will have an 1800-metre runway.

“It is a government project, the budget for construction will go to the state budget, while the construction date is yet to be determined, and from now on, it will take about five years if the construction about to happen,” he said.

- Video Advertisement -

Related Post

Thai office space vacancy rate rises 26.3%, Yet Thailand’s richest billionaire optimistic about market demand growth

Bangkok’s office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to bangkokpost on 19 September 2024. With a US$3.6 billion […]

Thailand’s USD 6.5 Billion EV Industry Set to Power Commercial Real Estate Growth

Thailand’s fast-growing electric vehicle (EV) industry is projected to generate a real estate market worth at least USD 6.5 billion by 2030, driven by government policies and strong foreign investments. As the country aims to solidify its position as Southeast Asia’s leading hub for EV manufacturing, this growth will fuel demand for specialised real estate […]

Cambodia Maintains the World’s Highest Central Bank Interest Rates, Defying Global Trends

In the third quarter of 2024, Cambodia continues to lead global markets, with central bank interest rates soaring between 10% and 12%, starkly contrasting with the 0% to 6% range maintained by most major economies. This divergence, detailed in a report by CBRE Cambodia published on 17 October 2024, spans from December 2021 to December […]

Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop

Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE […]

Cambodia’s Tourism Rebounds to Near Pre-Crisis Levels, But Chinese Arrivals Lag Behind Regional Peers

Cambodia’s tourism sector is witnessing a robust rebound in 2024, with international arrivals reaching 4.4 million in the first eight months, a 22.5% surge compared to the same period last year. This strong performance brings the country within 1.6% of its pre-crisis peak of 6.9 million visitors in 2019, highlighting the sector’s steady recovery after […]

PwC Slapped with Record USD 62.2m Fine and Six-Month Ban Over Evergrande Audit Failures

PwC Zhong Tian, the China arm of the global accounting giant, has been fined a record USD 62.2 million and banned from auditing for six months for its failure to identify financial misstatements in China Evergrande Group’s accounts between 2018 and 2020. The penalties, the most severe imposed on an audit firm in China, are […]