Airport and Aviation
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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ACLEDA Bank Invests US$30 million in CAIC Bond, Funding New Phnom Penh Airport Development
ACLEDA Bank Plc has invested US$30 million in a guaranteed bond of the Cambodia Airport Investment Co Ltd (CAIC) to contribute to developing the Techo International Airport. The agreement was signed on Monday 10 January by CAIC Director Charles Vann and ACLEDA Bank Plc President In Channy, witnessed by OCIC Chairman Neak Oknha Dr Pung […]
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Gov’t Plans to Build, Rehabilitate & Upgrade Four Airports
The Cambodian government plans to build two new airports and upgrade two other existing airports, according to the Law on Financial Management for 2022. The four projects are in the projects under the Office of the Council of Ministers, which include the construction of new Ratanakiri and Preah Vihear airports (both Class 3), as well […]
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CPBank buys US$10-millon CAIC bond, funding new Phnom Penh airport development
Cambodia Post Bank Plc (CPBank) has purchased a US$10-million bond of the Cambodia Airport Investment Co., Ltd (CAIC) to help fund the development of the new Techo International Airport. The purchasing agreement was signed on 28 December by CAIC Director Charles Vann and CEO of CPBank Toch Chaochek with OCIC Chairman Neak Oknha Dr Pung […]
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ABA Bank Invests US$30m in New Phnom Penh Airport Development Through Guaranteed Bonds
Cambodia Airport Investment Co Ltd has sold another US$30 million guaranteed bond to ABA Bank to raise more funds for the development of the new Phnom Penh airport. The signing ceremony was held on December 14 between Overseas Cambodian Investment Corporation Ltd (OCIC), Cambodia Airport Investment Co., Ltd (CAIC) and ABA Bank. The bond is […]
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