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 Oknha Dr Pung Kheav Se, Chairman of Overseas Cambodian Investment Corporation Ltd. (OCIC).

The coupon rate of CAIC bonds is 5.5% per annum with a 3-year tenure and guaranteed by OCIC. The funds raised in the bond will be used for the construction and development of Techo International Airport in Kandal province.

Techo International Airport project is currently 32% completed with a total amount of US$414 million already invested by CAIC (excluding airport land).

CAIC is a joint venture between the Royal Government of Cambodia (RGC), represented by the State Secretariat of Civil Aviation, and OCIC. The RGC has granted CAIC the rights to own, design, construct, finance, operate, maintain and manage Techo International Airport Project.

- 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 […]