OCIC, CAIC Sell US$20-million Bond to FTB Bank to Fund Phnom Penh Airport Development

Cambodia Airport Investment Co., Ltd (CAIC) has issued and sold US$20 million in guaranteed bonds to FTB bank to collect more funds for the construction of the new Phnom Penh International Airport in Kandal province.

The agreement of the US$20 million guaranteed bonds was signed by Charles Van, CEO of OCIC and CAIC, and Dith Sochal, General Manager of FTB.

With an interest rate of 5.5% per annum, the bond is guaranteed by OCIC with a three-year tenure.

Earlier this month, CAIC also sold a US$15-million guaranteed bond to Prince Bank for the same purpose of raising funds for the new Phnom Penh International Airport.

According to the CAIC report in early November, the new Phnom Penh International Airport project is currently 26% completed with a total amount of US$346 million (excluding airport land) already invested by CAIC. (Read more)

The 4F New Phnom Penh International Airport is expected to commence operations in 2023.

Photo Credit to គួន សំបូរ

- Video Advertisement -

Related Post

Cambodia-France Trade Exceeded $206 Million in 2024

Bilateral trade between Cambodia and France surpassed $206 million in 2024, with both nations committing to further expanding their trade volume and investment. This commitment was highlighted during a meeting between Samdech Khuon Sudary, President of the Cambodian National Assembly, and a French investor delegation. The delegation was led by Mr. François Guez, CEO of […]

Year-End Home Purchase at Borey Peng Huoth Guarantees Satisfaction

Unmissable ‘Grand December’ Promotion Offers Incredible Deals and Flexible Payment Plans Customers looking to purchase a home at Borey Peng Huoth right now are in for a very special treat with the “Grand December” promotion, which offers unprecedented gifts and payment conditions. Borey Peng Huoth guarantees that you will not be disappointed with a year-end […]

Cambodia’s Trade Surges to Over USD 52.5 Billion in First Ten Months of 2025

Cambodia’s international trade continued its strong upward momentum in 2025, reaching USD 52.57 billion in the first ten months of the year—a robust 16.5% increase compared to the same period in 2024. The data was released by the General Department of Customs and Excise on November 10, 2025. Exports remained a major driver of growth, […]

Indonesia Brings Cultural Night Market to Phnom Penh to Celebrate 66 Years of Friendship

The Indonesian Embassy in Cambodia has announced exciting plans to establish an Indonesian night market on the bustling Chaktomuk pedestrian street in Phnom Penh. Indonesian Ambassador to Cambodia, Mr. Santo Damosumarto, made the announcement during a meeting with Phnom Penh Governor, Mr. Khuong Sreng. The night market is scheduled to take place on either November […]

Bentley Systems Welcomes Cate Lochead as Chief Marketing Officer

Brings marketing leadership in AI innovation and enterprise software EXTON, Pa., October 8, 2025 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the appointment of Cate Lochead as Chief Marketing Officer. She brings marketing leadership in AI innovation and more than 20 years of experience in enterprise software to Bentley. Most recently, Lochead […]

Cambodia’s Rice Exports Surge in 2025, Surpassing USD 400 Million

In a remarkable achievement for its agricultural sector, Cambodia has generated over USD 400 million from rice exports in the first nine months of 2025, according to a recent report by the Cambodian Rice Federation. The country successfully exported rice to 69 countries during this period, with total exports valued at approximately USD 408.93 million. […]