New $1.5-billion Phnom Penh airport approved

newkidontheblock · Post by **newkidontheblock** » Tue Apr 09, 2024 6:50 pm

Chinese funding has collapsed in China. Chinese banks are being forced to lend to collapsing business. There is no money left for overseas grand projects.

The era of easy no questions asked money is gone.

The airport is being completed through public bonds. Hopefully this will mean more accountability to the bond holders.

phuketrichard · Post by **phuketrichard** » Tue Apr 09, 2024 6:59 pm

How will this new airport increase tourism to Cambodia?
30 million passengers/year? Current airport saw 1,365,735.000 arrivals in 2023, ( 2,071,907 in 2019))
sorta like

If you build it, they will come

rogerrabbit · Post by **rogerrabbit** » Tue Apr 09, 2024 7:16 pm

phuketrichard wrote: ↑Tue Apr 09, 2024 6:59 pm How will this new airport increase tourism to Cambodia?
30 million passengers/year? Current airport saw 1,365,735.000 arrivals in 2023, ( 2,071,907 in 2019))
sorta like

If you build it, they will come

Where do you get your numbers? Pre-covid total passenger numbers had just reached 6 million in Phnom Penh. Last year, it was almost 4 million. The new airport, in phase 1, can handle up to 13 million passengers a year.

It's like what the Thais thought when they built the Suvarnabhumi. 45 million passenger capacity when Don Mueang only had a mere 20 million passengers annually just years before Suvarnabhumi opening.

The biggest struggle with current airport is cargo facilities.

phuketrichard · Post by **phuketrichard** » Tue Apr 09, 2024 7:32 pm

rogerrabbit wrote: ↑Tue Apr 09, 2024 7:16 pm
phuketrichard wrote: ↑Tue Apr 09, 2024 6:59 pm How will this new airport increase tourism to Cambodia?
30 million passengers/year? Current airport saw 1,365,735.000 arrivals in 2023, ( 2,071,907 in 2019))
sorta like

If you build it, they will come
Where do you get your numbers? Pre-covid total passenger numbers had just reached 6 million in Phnom Penh. Last year, it was almost 4 million. The new airport, in phase 1, can handle up to 13 million passengers a year.

It's like what the Thais thought when they built the Suvarnabhumi. 45 million passenger capacity when Don Mueang only had a mere 20 million passengers annually just years before Suvarnabhumi opening.

The biggest struggle with current airport is cargo facilities.

https://www.ceicdata.com/en/cambodia/vi ... al-airport
those 6 million were TOTAL arrivals into Cambodia and more than 35% came by land
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://seishiron.com/wp-content/upload ... r_2019.pdf

the video above said will take 30 million annually>
OK?

so how will this airport generate tourism?
plus it will be in direct competition for tourism arrivals landing at SR

rogerrabbit · Post by **rogerrabbit** » Tue Apr 09, 2024 7:46 pm

phuketrichard wrote: ↑Tue Apr 09, 2024 7:32 pm
rogerrabbit wrote: ↑Tue Apr 09, 2024 7:16 pm
phuketrichard wrote: ↑Tue Apr 09, 2024 6:59 pm How will this new airport increase tourism to Cambodia?
30 million passengers/year? Current airport saw 1,365,735.000 arrivals in 2023, ( 2,071,907 in 2019))
sorta like

If you build it, they will come
Where do you get your numbers? Pre-covid total passenger numbers had just reached 6 million in Phnom Penh. Last year, it was almost 4 million. The new airport, in phase 1, can handle up to 13 million passengers a year.

It's like what the Thais thought when they built the Suvarnabhumi. 45 million passenger capacity when Don Mueang only had a mere 20 million passengers annually just years before Suvarnabhumi opening.

The biggest struggle with current airport is cargo facilities.
https://www.ceicdata.com/en/cambodia/vi ... al-airport
those 6 million were TOTAL arrivals into Cambodia and more than 35% came by land
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://seishiron.com/wp-content/upload ... r_2019.pdf

the video above said will take 30 million annually>
OK?

so how will this airport generate tourism?
plus it will be in direct competition for tourism arrivals landing at SR

Cambodians don't travel? That PDF only show international arrivals.

And the 13/30 million figure is total passengers handled (phase 1: 13 million, possible phase 2: 30 million). So departures and arrivals, international and local passengers, all included. Phnom Penh airport handled 6 million passengers in total in 2019.

John Bingham · Post by **John Bingham** » Tue Apr 09, 2024 8:31 pm

Yes, anytime I've flown out of here the passengers are mostly local. Then again they are always relatively short flights to the nearest large hub like BKK, Hong Kong etc

Doc67 · Post by **Doc67** » Wed Apr 10, 2024 10:06 am

rogerrabbit wrote: ↑Tue Apr 09, 2024 6:04 pm

So no Chinese operator. Cambodia Airports has been selected as the operator of the Techo Takhmao International Airport. Cambodia Airports currently operates Phnom Penh and Sihanoukville airports.

I remembered this thread, from way back in 2017:
business-and-finance/cambodia-airports- ... 20-10.html

Are Cambodia Airports and Vinci now back in business for the long term, or are Vinci being pushed out by a Khmer owned Cambodia Airports? If Cambodians are having to fund it all, they might want all the money from operating it?

rogerrabbit · Post by **rogerrabbit** » Wed Apr 10, 2024 12:14 pm

Doc67 wrote: ↑Wed Apr 10, 2024 10:06 am
rogerrabbit wrote: ↑Tue Apr 09, 2024 6:04 pm

So no Chinese operator. Cambodia Airports has been selected as the operator of the Techo Takhmao International Airport. Cambodia Airports currently operates Phnom Penh and Sihanoukville airports.
I remembered this thread, from way back in 2017:
business-and-finance/cambodia-airports- ... 20-10.html

Are Cambodia Airports and Vinci now back in business for the long term, or are Vinci being pushed out by a Khmer owned Cambodia Airports? If Cambodians are having to fund it all, they might want all the money from operating it?

Vinci owns 70% of Cambodia Airports and Malaysian Muhibbah Masteron Cambodia owns the rest. Same as before. So no one is pushing anyone out. They are in business for long term. They extended the contract to operate Sihanoukville airport as well.

New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Re: New $1.5-billion Phnom Penh airport approved

Who is online

Register/Login to CEO with your Social Media Account: