Cambodia Airport Investment Firm Issues US$15 million Guaranteed Bond

The Cambodia Airport Investment Co., Ltd (CIAC) has issued US$15 million in a guaranteed bonds for Prince Bank, with the funds to be used for the construction of the New Phnom Penh International Airport in Kandal province.

The guaranteed bond is invested in by Prince Bank and guaranteed by the Oversea Cambodia Investment Corporation LTD (OCIC), which is the parent company of CAIC.

The agreement was signed on Wednesday 3 November between CEO of CAIC Mr Charles Van and CEO of Prince Bank Mr Honn Sorachna.
The coupon rate of CAIC guaranteed bond is 5.5% per annum with 3 years tenor.

The new Phnom Penh International Airport project is currently 26% completed with a total amount of US$346 million (excluding airport land) already invested by CAIC.

The 4F New Phnom Penh International Airport is expected to commence operations in 2023.

- Video Advertisement -

Related Post

Chinese Investment in Cambodia Reaches USD 36 Billion Over 35 Years

Over the last 35 years, Chinese investments in Cambodia have surged to approximately USD 36 billion, marking a significant milestone in the bilateral relationship between the two nations. Speaking at a special forum titled “Cambodia-China Steel Friendship in the New Era: Win-Win Cooperation and Common Prosperity,” HE Hoeun Samnieng, Deputy Secretary-General of the Council for […]

SchneiTec Dynamic Lists Green Bond Mobilising USD 50 million for Green Energy Development

SchneiTec Dynamic Co., Ltd has listed a green bond on the Cambodia Securities Exchange (CSX), mobilising USD 50 million for its green energy development project in Cambodia. The Official Green Bond Listing Ceremony was held on 11 April 2025, at the Cambodia Securities Exchange. During the ceremony, HE Sou Socheat, a Delegate of the Government […]

Cambodia Secures USD 145 Million World Bank Loan to Boost Water Security

  The Ministry of Water Resources and Meteorology, alongside the Ministry of Agriculture, Forestry, and Fisheries, has officially launched the “Improving Cambodia’s Water Security” project, backed by a substantial USD 145 million loan from the World Bank. This initiative aims to enhance water security across the nation, increase agricultural productivity, and strengthen resilience against climate-related […]

Cambodia Secures USD 40 Million from Green Climate Fund for REDD+ Program

Cambodia has secured USD 40 million from the Green Climate Fund (GCF) to advance its national REDD+ program, aimed at reducing emissions from deforestation and forest degradation. Environment Minister HE Dr. Eang Sophallet made the announcement during a meeting with World Bank Representative Ms. Salimata D. Follea on 26 March 2025. Recognised as a global […]

Japan Partners with Cambodia to Enhance Water Supply & Environmental Monitoring

In a significant development for Cambodia, the Government of Japan has announced a grant exceeding USD 17 million to support two pivotal projects aimed at improving the country’s water supply system and establishing satellite measurement stations. The funding agreement was formalized during a signing ceremony for the Exchange of Letters held on 25 March. This […]

Japan Commits Nearly USD 11 Million to Support Cambodia’s Techo Peace Museum Project

In a significant diplomatic move, the Japanese government has granted a total of 1.466 billion yen, approximately USD 11 million, to the Cambodian Mine Action Centre (CMAC) to bolster two critical projects to enhance mine action capabilities in Cambodia. The announcement was made during a signing ceremony on 20 March 2025. HE Prak Sokhonn, Deputy […]