Airport and Aviation
Government Plans to Spend Over US$240 million Building Three New Airports
The government plans to spend more than US$240 million on building three new airports to serve domestic flights. According to the report from the Secretary of State for Civil Aviation (SSCA), the three new airport projects are within the 2019-2024 aviation infrastructure investment scheme. An estimated US$80 million is planned for the construction of the […]
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Construction of Siem Reap-Angkor International Airport 70% Complete by End 2022
The Angkor International Airport Investment (Cambodia) (AIAI) expects 70% of work to be complete on the Siem Reap-Angkor International Airport by the end of 2022. The company confirmed this in the third quarterly meeting to monitor the implementation of the project held on 11 July. HE Tekreth Samrach, Minister Delegate to the Prime Minister and […]
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Dara Sakor Airport Flight Validation 60% Complete
The flight validation of key equipment, facilities, and staff capacity at the Dara Sakor airport in Koh Kong province is 60% complete, aiming for completion in June and conducting the first flight test in July. HE Sin Chansereyvutha, Under-Secretary of State and spokesperson of the State Secretariat of Civil Aviation (SSCA) said on 29 April […]
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Medtecs invests US$3 million in new PP airport development through guaranteed bond
Medtecs International Corporation Limited (Medtecs) has invested US$3 million in the guaranteed bond of the Cambodia Airport Investment Co Ltd (CAIC) contributing to the development of the Techo International Airport. The agreement was signed on 4 April between Medtecs’s founder and Chairman Mr Clement Yang and CAIC Director Mr Charles Vann, under the witness of […]
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Opening of Dara Sakor Airport in Koh Kong Postponed to Mid-2022
The operation date of the Dara Sakor International Airport in Koh Kong province has been postponed until mid-2022, according to the State Secretariat of Civil Aviation (SSCA). Dara Sakor International Airport reportedly announced in late 2021 that it would start trial operations in early 2022, as the construction of the airport’s major infrastructure is nearing […]
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CAIC to Adjust Alignment of New Road Connecting 60m Road to New Airport
Cambodia Airport Investment Co., Ltd (CAIC) has proposed adjusting the alignment and lanes details of the road connecting Samdech Techo Hun Sen Blvd. (St. 60m) to the new Techo International Airport. The proposal is currently under consideration by the Kandal Provincial Administration, as the relevant working group held a meeting on 7 March to discuss […]
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Construction of Techo International Airport 32% Complete; US$414m Spent
Construction on the new Techno International Airport is 32% complete as of early March, according to a Cambodia Airport Investment Co., Ltd. (CAIC) press release of 4 March. CAIC added that a total amount of US$414 million has been spent to date on the development excluding the airport land investment. Even though the COVID-19 pandemic […]
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Hattha Bank Invests US$15 million in CAIC Bond to Fund New Airport Development
Hattha Bank Plc has invested US$15 million in guaranteed bonds of the Cambodia Airport Investment Co., Ltd. (CAIC) to fund the development of the Techo International Airport. The agreement was signed on 4 March held between CAIC Director Mr Charles Vann, Hattha Bank President and CEO Oknha Hout Ieng Tong, in the presence of Neak […]
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CGCC Buys US$2 million in CAIC Bonds, Funding New Airport Development
The Credit Guarantee Corporation of Cambodia Plc. (CGCC) has invested 8 billion Riels (approx. US$2 million) in the guaranteed bonds of Cambodia Airport Investment Co., Ltd. (CAIC) to support the development of the Techo International Airport. The agreement was signed on Thursday 27 January between CAIC Director Mr Charles Vann and CGCC CEO Mr Wong […]
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Wing Bank Buys US$2 million in CAIC Bonds, Funding New Airport Development
Wing Bank (Cambodia) Plc has invested US$2 million in the guaranteed bonds of Cambodia Airport Investment Co., Ltd. (CAIC) to support the development of the Techo International Airport. The agreement was signed on Thursday between CAIC director Mr Charles Vann and Wing Bank CEO Mr Han Peng Kwang and witnessed by OCIC Chairman Neak Okhna […]
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