The Techo International Airport (TIA), whose construction is about 50 percent complete now, is scheduled to commence in early 2025.
Charles Vann, Director of Cambodia Airport Investment Co., Ltd. (CAIC), mentioned the construction progress at the signing ceremony of the MRO (Maintenance, Repair and Overhaul) joint venture agreement at Techo International Airport with Singapore-based SIA Engineering Company on May 30.
“Currently, we have completed 50 percent of the construction and we are continuing and monitoring how to put the airport into operation by early 2025,” he said.
The Techo International Airport project has been authorised by the Royal Government to CAIC, a joint venture between the Royal Government of Cambodia through the State Secretariat of Civil Aviation and Overseas Cambodia Investment Corporation (OCIC), to build and develop the new Phnom Penh International Airport in Kandal and Takeo provinces, about 20 kilometres south of Phnom Penh capital.
TIA (Phase 1) is a Greenfield airport with a total investment budget of $1.5 billion.
TIA, to be developed in three phases, is designed for 50 million passengers, with three runways and a satellite terminal across a total land area of 2,600 hectares.
Source: AKP
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
0
()
Application has been successfully submitted
we will contact you soon, please pay attention
Call:+855 66300666
+855 (0) 23222206 (CN/EN/KH)
+86 023 67480241 (CN)
+855 (0) 66400666 (CN/EN/KH)