Cambodia Airports - Chinese in, French out.

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Re: Cambodia Airports - Chinese in, French out.

Post by Duncan »

Still no announcement on the train connecting the New International Airport to the new / old '' Military and Domestic '' airport .
Spoiler:
I will use my crystal ball again .
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
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Re: Cambodia Airports - Chinese in, French out.

Post by CEOCambodiaNews »

Chinese company wins Cambodian airport deal
By Asian Aviation Staff -
23/11/2020

Metallurgical Corporation of China (MCC) has been awarded a won the 2.67 billion yuan (US$405 million) contract to design and construct the airfield for a new airport in Phnom Penh, Cambodia, according to a report from Nikkei Asia. The airport has a total cost estimated at US$1.5 billion price tag, most of which is being funded by China, a key ally of Cambodia. The airport is part of the Cambodian government’s strategy to boost tourism, but it comes as other planned projects, including a new resort near Angkor Wat, face questions over their long-term feasibility.

The new airport and the Chinese contract raise questions about the future of French airport developer Vinci, which has a joint venture called Cambodia Airports managing the country’s main airports in Phnom Penh, Siem Reap and Sihanoukville. The company is 70 percent owned by France’s Vinci and 30 percent by Malaysian-Cambodian joint venture Muhibbah Masteron Cambodia. Once the new airport is developed, Phnom Penh’s existing facility is expected to be kept for domestic flights, air cargo, state delegations and military use.

The new Phnom Penh airport, which will cover about 700 hectares and form part of a broader residential and commercial development of about 2,600 hectares, is being overseen by local conglomerate Overseas Cambodia Investment Corp, or OCIC, according to the Nikkei Asia report. Run by Sino-Khmer tycoon Pung Kheav Se, OCIC invested US$280 million and holds 90 percent of the project, while Cambodia’s State Secretariat of Civil Aviation owns the remaining 10 percent, media reports said. Other companies involved include China State Construction Engineering, another state-owned enterprise that is building the terminal, and Foster & Partners of the US, which is in charge of the airport’s design.

When contacted by Asian Aviation for comment, Cambodia Airports said they were unable to publicly make comments at this time.
https://asianaviation.com/chinese-compa ... port-deal/
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Re: Cambodia Airports - Chinese in, French out.

Post by CEOCambodiaNews »

Unions Sue Cambodia Airports over Unfair Dismissals and Union-Busting
Lay Sopheavotey 07/28/2021 6:15 PM
Cambodia’s aviation sector is the latest to become embroiled in labor rights controversies as unions filed a complaint with the Labor Ministry over targeted layoffs aimed to “silence unions”

PHNOM PENH--Leaders of unions at Phnom Penh, Siem Reap and Sihanoukville International Airports on July 20 sued Cambodia Airports for obstructing and refusing to engage in a collective bargaining agreement with the unions to resolve the issue of layoffs.

However, Cambodia Airports says negotiations on the agreement and the organization of the company structure must be done in accordance with the law.

The union leaders filed a complaint with Labor Minister Ith Sam Heng against Alain Brun, the director-general of Cambodia Airports, and Philippe Araujo, secretary-general of Cambodia Airports for “Intentionally obstructing and [being] dishonest in a collective bargaining agreement, and arbitrarily cutting workers’ wages and dismissing 131 workers without respecting the Labor Law.”

The complaints were filed by So Sao Boeun, president of the Phnom Penh International Airport Independent Workers’ Union, Rang Ravan, president of Siem Reap Airport Cambodia Tourism Industries Worker Trade Union and Ton Sokang, president of Sihanoukville Airport Workers’ union.

They said Cambodia Airports was looking for ways to dissolve the union and prevent the negotiation of a new collective agreement.

Boeun of the Phnom Penh union said that the company had used many tricks and had shown no willingness to negotiate in the last three years.

“When we asked for the negotiation, the company had an excuse, saying they were waiting to have a joint negotiation with branches in Phnom Penh, Sihanoukville, and Siem Reap,” Boeun said. “They keep persecuting the unions and, when negotiating, the company negotiated with no sincerity until there was a suspension on unilateral negotiations.”

Khek Norinda, communication and PR director of Cambodia Airports, denied everything the unions had said, adding that the company works closely with the Ministry of Labor.

Heng Sour, Labor Ministry spokesperson, could not be contacted for comments.
Full article: https://cambodianess.com/article/unions ... on-busting
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Re: Cambodia Airports - Chinese in, French out.

Post by SternAAlbifrons »

No surprise there ^^^ that is classic Vinci (Cambodia airports "French" operator) in action.

Corporate Watch profiles controversial French construction giant, Vinci.

Vinci is a multinational infrastructure and construction company based in France. It is one of the world’s largest construction companies, with revenue of €38.1bn in 2016, employing over 185,000 people and operating in over 100 countries. The core of its business is winning highly lucrative “concession” deals, where it builds and runs privatised, government-backed infrastructure such as toll motorways on long term contracts and with profit rates often over 25% of revenue.

KEY POINTS
* Vinci is one of the world’s largest construction companies employing over 185,000 people. The majority of its business is in France, but it operates in over 100 countries and is expanding its global power, mainly by buying up local subsidiaries.

* Vinci has been involved in numerous scandals both in France and globally. In Calais, it was responsible for demolishing the Jungle refugee camp and building the anti-migrant wall. In the west of France, Vinci is the concessionaire behind the controversial airport scheme at Notre Dame des Landes, which has led to the “ZAD” resistance movement.

* In the UK, Vinci was one of the major construction companies that ran the “blacklist” against trade unionists and other workers.

*In Russia, it is accused of corruption and massive environmental destruction in the Khimki Forest motorway scheme.

* In Qatar, it is accused of using forced labour.

* The core of Vinci’s business is running privatised, government-backed infrastructure in highly lucrative “concession” deals. Over half of all its profits come from its extremely profitable concessions to run much of the French motorway system. Out of every four euros paid by drivers in motorway tolls, one euro goes straight into Vinci’s profits.

* Vinci’s strategy is to seek similar high-profit concession deals in other sectors and other countries. Recent moves include major airport concessions and toll road schemes from Chile to Vietnam.

* Although Vinci is based just outside Paris, its owners are mainly international investment funds. The two biggest shareholders are US fund BlackRock and the dictatorship of Qatar.

* Vinci is financially stable and profitable: although building activity has slowed in many of its markets, this is more than made up for by concession mega-profits. The construction businesses are not highly profitable in themselves, but help Vinci secure these deals.

* One of the fastest growing divisions, Vinci Energies, is the company’s high-tech wing involved in developing “smart” infrastructures which can integrate new surveillance and monitoring technologies into transport systems, cities, and other environments.

* Vinci’s golden egg, the French motorway concessions, could be vulnerable to political shifts or public discontent. Other vulnerabilities may emerge as the company pursues high-profit deals in new countries, where it needs to create new political alliances with unfamiliar regimes and oligarchies and face new competitors — and possible resistance.

*** NB. Blackrock/Islamic-dictatorship controlled Vinci only owns 70% of Cambodia Airports Corp
The other partner is shadowy "connected" Muhibbah Masteron Cambodia (30%), a Malaysian-Cambodian joint venture.

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Re: Cambodia Airports - Chinese in, French out.

Post by Doc67 »

SternAAlbifrons wrote: Thu Aug 05, 2021 3:55 am No surprise there ^^^ that is classic Vinci (Cambodia airports "French" operator) in action.

Corporate Watch profiles controversial French construction giant, Vinci.

Vinci is a multinational infrastructure and construction company based in France. It is one of the world’s largest construction companies, with revenue of €38.1bn in 2016, employing over 185,000 people and operating in over 100 countries. The core of its business is winning highly lucrative “concession” deals, where it builds and runs privatised, government-backed infrastructure such as toll motorways on long term contracts and with profit rates often over 25% of revenue.

KEY POINTS
* Vinci is one of the world’s largest construction companies employing over 185,000 people. The majority of its business is in France, but it operates in over 100 countries and is expanding its global power, mainly by buying up local subsidiaries.

* Vinci has been involved in numerous scandals both in France and globally. In Calais, it was responsible for demolishing the Jungle refugee camp and building the anti-migrant wall. In the west of France, Vinci is the concessionaire behind the controversial airport scheme at Notre Dame des Landes, which has led to the “ZAD” resistance movement.

* In the UK, Vinci was one of the major construction companies that ran the “blacklist” against trade unionists and other workers.

*In Russia, it is accused of corruption and massive environmental destruction in the Khimki Forest motorway scheme.

* In Qatar, it is accused of using forced labour.

* The core of Vinci’s business is running privatised, government-backed infrastructure in highly lucrative “concession” deals. Over half of all its profits come from its extremely profitable concessions to run much of the French motorway system. Out of every four euros paid by drivers in motorway tolls, one euro goes straight into Vinci’s profits.

* Vinci’s strategy is to seek similar high-profit concession deals in other sectors and other countries. Recent moves include major airport concessions and toll road schemes from Chile to Vietnam.

* Although Vinci is based just outside Paris, its owners are mainly international investment funds. The two biggest shareholders are US fund BlackRock and the dictatorship of Qatar.

* Vinci is financially stable and profitable: although building activity has slowed in many of its markets, this is more than made up for by concession mega-profits. The construction businesses are not highly profitable in themselves, but help Vinci secure these deals.

* One of the fastest growing divisions, Vinci Energies, is the company’s high-tech wing involved in developing “smart” infrastructures which can integrate new surveillance and monitoring technologies into transport systems, cities, and other environments.

* Vinci’s golden egg, the French motorway concessions, could be vulnerable to political shifts or public discontent. Other vulnerabilities may emerge as the company pursues high-profit deals in new countries, where it needs to create new political alliances with unfamiliar regimes and oligarchies and face new competitors — and possible resistance.

*** NB. Blackrock/Islamic-dictatorship controlled Vinci only owns 70% of Cambodia Airports Corp
The other partner is shadowy "connected" Muhibbah Masteron Cambodia (30%), a Malaysian-Cambodian joint venture.

As French as apple pie.
They sound great, I'll add them to my portfolio...
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Re: Cambodia Airports - Chinese in, French out.

Post by CEOCambodiaNews »

Regional Airport Expansion Plans Shelved
22/07/2021

Proposed new airports in Koh Kong, Battambang and Mondulkiri provinces have been postponed according to the State Secretariat of Civil Aviation.

The SCCA spokesman Sin Chanserivutha confirmed plans to develop four Cambodian regional airports had been shelved in July 2021 due to the COVID-19 situation in the Kingdom.

“Airport investors are concerned that the Covid-19 outbreak is serious. Investors are not clear in calculating when the disease will be cured and when transportation will recover, which is why they are delaying investing in the airport” said Sin Chanserivutha.

Air passengers coming through the Kingdoms’ three international airports (Phnom Penh, Sihanoukville and Siem Reap) have dropped by 92 per cent (136,680) in the first half of 2021.

Koh Kong Airport Postponed

One of the shelved projects is the $40 million joint venture between LYP group and Thai Airways, reported the Khmer Times.

The original site for the development was the previous Koh Kong Airport in Khemarak Phoumin city. It had since already shifted to a site at Koh Por village in the Mondul Seima district of the province.

Dara Sakor Airport – Koh Kong – Opening Delayed
The Dara Sakor Airport, which was planned to open in June 2021 has also been delayed despite the construction actually having been completed.

The $350 million project is delayed as a technical team is unable to travel to the airport to oversee test flights because of the pandemic.

Mondulkiri Airport – Delayed

The SCCA feasibility study assessing an airport in Mondulkiri was completed in March 2021 with China Power International Group agreeing to invest in the $60 million project last year.

The Secretariat Of Civil Aviation (SCCA) previously confirmed the airport will be built over an area of ​​300 hectares

The plans are on hold until passenger demand increases.

Battambang Airport On Hold
An airport in Battambang funded by private investors is the fourth airport affected and plans are also now on hold.

The current inoperable airport is three kilometres from the Battambang city centre, with a total land area of 128.68 hectares. The runway length is around 1,600 metres with a width of 34 metres.

The new Phnom Penh International Airport reached 40 per cent completion in May 2021 and is still is set to be operational in 2023. The new international airport in Siem Reap is also due for completion in 2023.
https://www.b2b-cambodia.com/news/regio ... s-shelved/
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Re: Cambodia Airports - Chinese in, French out.

Post by SternAAlbifrons »

Oh Shit, that Chinese military airfield at Dara Sakor just fell off the radar.
Naval operations to control the Strait of Malacca are believed to be continuing from the rickety old timber jetty however.
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Re: Cambodia Airports - Chinese in, French out.

Post by CEOCambodiaNews »

VINCI Airports – Traffic 2021
Appendix – Passenger traffic and commercial aircraft movements at 31 December 2021
Image
II- Change in commercial aircraft movements (ATM) in VINCI Airports** in December 2021
Image
https://www.globenewswire.com/news-rele ... -2021.html
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