New Siem Reap Airport to Take Off

Construction on Siem Reap’s new airport could take off in early 2018 after the government and the contractor finalised negotiations.

The USD880 million deal with China’s state-run Yunnan Investment Holdings Ltd (YIHL) and gives YIHL an exclusive 55-year build, own, operate (BOO) concession on the new facility. This new agreement replaces the exclusive 45-year contract with Cambodia Airports in place since 1995.

The new airport is expected to be built in three phases on a 750-hectare site in Siem Reap’s Sout Nikom district. The first two phases costing USD500 will allow for medium-sized planes to land while the third USD300 million phase will open the way for large-sized planes.

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