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The Cambodian government has approved plans to construct and develop the project though no detailed plan or agreement has been disclosed. There are many aspects that need to be negotiated on the frameworks of the agreement. According to the document, OCIC will invest $280 million, while unspecified “foreign banks” will provide $1.1 billion in funding. OCIC will own 90 percent of the shares in the completed airport, with the rest going to Cambodian government’s State Secretariat of Civil Aviation (SSCA)
List of the country updates
Country updates
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November 09, 2017
Construction works will be launched next year
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July 14, 2017
Lim Sidanin, Secretary of State at the Ministry of Public Works and Transport of Cambodia, has stated publicly that the project is awaiting approval from the Ministry of Economics and Finance
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May 09, 2017
Sunseap's PV project in Cambodia gets ADB financing
The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricit&...
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February 08, 2017
New concession to be signed for Siem Reap airport
The Government of Cambodia is moving forward with negotiations with China’s state-run Yunnan Investment Holdings Ltd.(YIHL) for the development of the new Siem Reap Airport PPP project...
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October 15, 2016
A contract to develop the project has been signed between the royal government of Cambodia and Yunnan Development Group
