Airport and Aviation
New Pnnom Penh Airport Named ‘Techo International Airport’; Now 27% Complete
As of December 2021, the construction project of the new Phnom Penh Airport, which has recently been renamed as the “Techo International Airport, Takhmao City” has reached 27% completion, on track to start operation by 2023. This is according to the site inspection by Cambodia Prime Minister Samdech Hun Sen on 9 December. On this […]
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PM Urges Domestic Private Firms to Invest in Bonds to Fund New PP Airport Construction
Prime Minister Samdech Hun Sen has urged local financial institutions to invest in the new Phnom Penh International Airport in Kandal province through the US$300-million guaranteed bond issued by Cambodia Airport Investment Co., Ltd (CAIC). Among the total bond amount, to date, over US$80 million have been issued to many firms such as banks, insurance […]
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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 […]
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French & Italian Airports Join Hands to Launch Electric Air Taxi Company
A group of airports in Italy and France have launched a company to jointly study the feasibility of electrically powered vertical take-off and landing (VTOL) vehicles in Europe, reported GCR. Called Urban Blue, the company is jointly owned by airports in Rome, Venice, Bologna and Nice. The initial aim is to study the operation feasibility […]
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Expressway Linking to New PP Airport on Hold; New Alternative Being Considered
OCIC is studying the feasibility of building a new road connecting from NR2 to the new Phnom Penh airport in Kandal province, while the previously-announced flyover-type expressway project might be put on hold or will be built later when there is excessive traffic. The project is a separate project from the airport being built by […]
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Cambodia Airport Investment Firm Issues US$15 million Guaranteed Bond
The Cambodia Airport Investment Co., Ltd (CIAC) has issued US$15 million in a guaranteed bonds for Prince Bank, with the funds to be used for the construction of the New Phnom Penh International Airport in Kandal province. The guaranteed bond is invested in by Prince Bank and guaranteed by the Oversea Cambodia Investment Corporation LTD […]
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Construction of Phnom Penh International Airport Over 30% Complete
Construction of the new Phnom Penh International Airport is now over 30% complete, while the progress is going as scheduled despite the recent flooding. State Secretariat for Civil Aviation (SSCA)’s spokesman Sin Chansereyvutha said on 28 October that progress has slowed slightly due to the effects of the floods. However, the company was well-prepared for […]
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Dara Sakor International Airport to Begin Operation by Late 2021
Construction of Dara Sakor International Airport in Koh Kong province is set for completion by next month, while the test operation is scheduled for 30 December this year. Representatives of the Dara Sakor International Airport construction firm confirmed the two dates during the meeting with the State Secretariat of Civil Aviation (SSCA) on Tuesday 21 […]
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Gov’t Requests Chinese Firm to Build New Water Supply Network from SR City to New Airport
The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested the Siem Reap International Airport construction firm AIAI to invest approximately US$13 million to build a clean water supply connecting downtown Siem Reap to the new airport in Sot Nikum district. The request was raised by MISTI Minister HE Cham Prasidh during the meeting […]
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Water Management in Kandal Reconfigured to Mitigate Flooding on New PP Airport Construction Site
The Kandal Provincial Administration has issued new measures to mitigate the flooding issue on the new Phnom Penh International Airport construction site, in particular the site of Runway 1. According to the announcement dated 3 September 2021, the provincial administration has temporarily closed the sewage at the corner of Canal 90 and Dam 54 and […]
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