airport investment
Government Unveils Plans for New Airport in Ratanakiri Province
In a significant development for Cambodia’s aviation sector, the Royal Government has announced the designation of nearly 2,000 hectares of land in the Lumphat district of Ratanakiri province for the construction of a new airport. This initiative will be carried out through a public-private partnership, as outlined in a letter from the Council of Ministers […]
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Techo International Airport Construction Completes First Phase, Set to Open in 2025
The Cambodian government has announced the successful completion of the first phase of construction for the Techo International Airport, located in Takhmao City, Kandal Province, and Takeo Province. The airport is on track for its official opening scheduled for September 9, 2025. In a recent meeting held by the technical working group, Dr. Mao Havannal, […]
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Singapore Resumes Construction of Changi Airport’s Largest Passenger Terminal After Pandemic Delay
In a significant milestone for Singapore’s aviation sector, the construction of Terminal 5 (T5) at Changi Airport has officially commenced following a two-year pause brought on by the COVID-19 pandemic. The ground-breaking ceremony, which took place on 14 May 2025, was presided over by Prime Minister Lawrence Wong. Prime Minister Wong highlighted that the new […]
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Prime Minister Affirms Phnom Penh International Airport Will Remain State Property
In a significant announcement, Samdech Prime Minister Hun Sen confirmed that Phnom Penh International Airport, also known as Pochentong Airport, will remain under government ownership and will not be sold to private individuals. This declaration was made during his address at the 80th anniversary celebration of the Cambodian National Police on 16 May 2025. The […]
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Techo International Airport Crowned as World’s Leading Architectural Marvel for 2025
In a remarkable accolade for Cambodia, Techo International Airport has been named one of the 11 most spectacular architectural creations in the world by CNN, marking a significant achievement for the nation as it forges ahead into the future of aviation. This prestigious recognition was announced on 1 January 2025, positioning the airport at the […]
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Darasakor International Airport Opens, Ushering in a New Era for Koh Kong Province
Koh Kong Province celebrated a landmark achievement with the inauguration of a USD 200 million Darasakor International Airport on 26 December 202. This state-of-the-art facility, invested by the Chinese company Union Development Group, spanning 218 hectares in the Botum Sakor district, is poised to transform the region’s connectivity and catalyze economic and tourism growth. The […]
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Construction of Vietnam’s Largest Airport Set for Completion in 2025
The construction work on the runway for Vietnam’s largest airport Long Thanh is set to begin in December, almost two years after the project’s ground-breaking ceremony, reported GCR. Nguyen Van Hung, an official at the Airports Corporation of Vietnam (ACV), said tenders had been launched to find a contractor to build the airport’s runways, taxiways, […]
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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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Prince Bank Invests Additional US$35 million in New PP Airport Project Through Bond
Prince Bank has invested an additional US$35 million into the new Techo airport development project through CACI guaranteed bonds. This investment is the second in addition to the first US$15 million investment last year, making the firm hold a total of US$50 million in bonds for the new airport project. The agreement was signed on […]
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