New $1.5-billion Phnom Penh airport approved

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Re: New $1.5-billion Phnom Penh airport approved

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Chinese firms to build new PP airport

May Kunmakara | Publication date 14 January 2020 | 22:58 ICT

Three enterprises, all Chinese-owned, have been chosen to build the new airport that will service the Cambodian capital, the company in charge of the project said.

Cambodia Airport Investment Co Ltd said a total of five companies had entered the bidding process.

Yee Con Long, a member of the project steering committee of Cambodia Airport Investment, said last week that the process of designing the airport is 60 per cent complete. Construction will be divided into three phases, with the first scheduled to be completed this year.

“We will issue permits for the three contractors on January 20,” he said.

“We hope to issue a letter in July authorising the construction. If all goes as planned, the airport will be ready by July 2022, at which point it will operate on a trial basis,” he said.

He said the airport will be able to accommodate 27 million passengers by 2030, and up to 30 million by 2050.

The new Phnom Penh International Airport, a 4F-class airport, is a joint venture between local conglomerate Overseas Cambodia Investment Corporation (OCIC) and the State Secretariat of Civil Aviation (SSCA).

It will be located in Kandal province and will cost $1.5 billion to build. Of that, $1.1 billion will come from loans from overseas banking institutions, while $280 million will be contributed by OCIC.

It is unclear where the remaining $120 million – which will be used as registration capital – will come from.

The project will occupy 2,600ha. OCIC will be responsible for 90 per cent of the project, while the remaining 10 per cent belongs to SSCA, according to a statement issued by Teck Reth Samrach, Council of Ministers’ Secretary of State, in 2017.
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Re: New $1.5-billion Phnom Penh airport approved

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CEOCambodiaNews wrote: Thu Jan 16, 2020 9:01 am
Chinese firms to build new PP airport

May Kunmakara | Publication date 14 January 2020 | 22:58 ICT

Three enterprises, all Chinese-owned, have been chosen to build the new airport that will service the Cambodian capital, the company in charge of the project said.

Cambodia Airport Investment Co Ltd said a total of five companies had entered the bidding process.

Yee Con Long, a member of the project steering committee of Cambodia Airport Investment, said last week that the process of designing the airport is 60 per cent complete. Construction will be divided into three phases, with the first scheduled to be completed this year.

“We will issue permits for the three contractors on January 20,” he said.

“We hope to issue a letter in July authorising the construction. If all goes as planned, the airport will be ready by July 2022, at which point it will operate on a trial basis,” he said.

He said the airport will be able to accommodate 27 million passengers by 2030, and up to 30 million by 2050.

The new Phnom Penh International Airport, a 4F-class airport, is a joint venture between local conglomerate Overseas Cambodia Investment Corporation (OCIC) and the State Secretariat of Civil Aviation (SSCA).

It will be located in Kandal province and will cost $1.5 billion to build. Of that, $1.1 billion will come from loans from overseas banking institutions, while $280 million will be contributed by OCIC.

It is unclear where the remaining $120 million – which will be used as registration capital – will come from.

The project will occupy 2,600ha. OCIC will be responsible for 90 per cent of the project, while the remaining 10 per cent belongs to SSCA, according to a statement issued by Teck Reth Samrach, Council of Ministers’ Secretary of State, in 2017.
https://www.phnompenhpost.com/business/ ... pp-airport
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Re: New $1.5-billion Phnom Penh airport approved

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Yee Con Long, a member of the project steering committee of Cambodia Airport Investment, said last week that the process of designing the airport is 60 per cent complete. Construction will be divided into three phases, with the first scheduled to be completed this year.

“We will issue permits for the three contractors on January 20,” he said.

“We hope to issue a letter in July authorising the construction. If all goes as planned, the airport will be ready by July 2022, at which point it will operate on a trial basis,” he said.
A question for the constructors here, is this possible? From 'design 60% complete' to 'ready to operate on a trial basis' in 2-3 years time?
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Re: New $1.5-billion Phnom Penh airport approved

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No mention of the super-hiway or train needed to get there, but I guess that will be in the next contract along with the sewer treatment system and water supply. In the year 2025.
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Re: New $1.5-billion Phnom Penh airport approved

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Duncan wrote: Thu Jan 16, 2020 9:59 am No mention of the super-hiway or train needed to get there, but I guess that will be in the next contract along with the sewer treatment system and water supply. In the year 2025.
it only needs to go to large house and barracks in that area
who controls OCIC i wonder

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Re: New $1.5-billion Phnom Penh airport approved

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Probably normal people with hard working and investment savy wives who can turn out funds as required.
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Re: New $1.5-billion Phnom Penh airport approved

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PM HE: Infrastructure Development Projects Going On Despite COVID-19
AKP Phnom Penh, June 22, 2020 --

Image
In a visit to inspect the construction process of new Phnom Penh international airport in Kandal and Takeo provinces on June 22, Prime Minister Samdech Akka Moha Sena Padei Techo HE said that Cambodia’s economic growth in 2020 is projected to be at -1.9 percent, the worst growth in the last two decades, due to COVID-19. But, he added, there have be so far no companies announcing bankruptcy or suspension of their construction processes.
Image
New Phnom Penh Airport under construction
Construction projects of both government and private sector such as roads, airports, and residential units have continued as planned, Samdech Techo HE said. “The firm here [new Phnom Penh airport] invests US$1.5 billion. This company has neither mentioned about the shortage of investment budget nor about the suspension of construction process.
(Photos: Hun Yuthkun) AKP
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Re: New $1.5-billion Phnom Penh airport approved

Post by Duncan »

No-one believed me 4 years ago when I looked into my crystal ball and said this


post132629.html?hilit=airport#p132629

Re: New International Airport for Phnom Penh
Post by Duncan » Thu Jun 23, 2016 8:09 am

Lots of vacant land about 20 km south of the city on both sides of the road, and near the Prime Ministers head quarters. If he has any say in the matter that's where it will be.
-----------------------------------------------------------------------------------------------------------------------------------------------
Quote] 2 months later.
Prime Minister HE yesterday nixed a proposal to build an airport in Kampong Speu, saying he disagreed with the idea, the province’s governor said yesterday.

The premier took the decision at a meeting with provincial officials yesterday, said Kampong Speu governor Vei Samnang. Samnang said he shared the proposal – which he said had been made by Vinci Airports – with HE, who rejected it, citing the mountainous nature of the province, which would make it difficult to land aircraft.

“Prime Minister HE said that those who did the study about the airport plan were not right, so there is no plan to build the airport now,” he said.

While the national government was unaware of the plan, Samnang said Vinci Airports held a meeting with provincial authorities in June floating the proposal, while at the same also looking at five other provinces to build an airport.
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Re: New $1.5-billion Phnom Penh airport approved

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2,600 Hectares Made Private Land for Airport Company’s Development
5 min read

Mech Dara and Danielle Keeton-Olsen
| Mon Jan 11, 2021 6:59 pm

KANDAL STUNG DISTRICT, Kandal — The water used to pool and recede in the wetlands at Kandal province’s Ampov Prey commune, and Choeu, a 30-year-old fisherman, recalled that he used to place his tube-shaped nets in the shallow waters and catch between 5 and 7 kg of fish a day.

But as plans for a new airport — which would dwarf many Southeast Asian runways — emerged in Kandal province two years ago, Choeu said his daily catch dwindled to about 1 kg, as construction workers filled parts of the lake claimed by the airport and opportunistic landowners. The fisherman, still damp and speckled with leaves after retrieving his nets from the water, said on Friday that he knows the construction will soon push him out of this work.

“Four or five years more, and the lake will be finished, because they’ve started to fill it up step by step,” he said.

A sub-decree obtained this month — signed by Prime Minister HE on June 3, 2020 — granted state land to the Cambodia Airport Investment company, a joint venture between the Overseas Cambodia Investment Corporation and the government’s State Secretariat for Civil Aviation. The plot shown on the sub-decree spans Kandal province’s Kandal Steung district and Takeo province’s Bati district, and measures around 2,600 hectares.

Civil Aviation Secretariat spokesperson Sinn Chansereyvutha said the original agreement to develop Phnom Penh’s new international airport in Kandal included some 900 hectares, but officials on a committee for land development had to procure between 1,000 and 2,000 additional hectares for the development of an “airport city,” or businesses outside the airport.

“The airport development nowadays needs to include the airport city [in order] to support the airport development … with other revenue streams to fund the airport operations,” he said on Monday, adding that the airport would be able to “break even” around 2040 after accounting for development expenses, according to a viability study.

He referred further questions about the land and what the airport city would include to OCIC and an airport land committee chaired by Land Minister Chea Sophara, saying the civil aviation agency only holds a 10 percent stake in Cambodia Airport Investment in order to oversee the airport itself.

Government spokesperson Phay Siphan described the new airport as cooperation between state and private companies, and it would bring new tax revenue, jobs and foreign investment to the country. He denied the land grant had anything to do with connections between the government and OCIC’s chair, Pung Khiev Se.

“[The company’s] first achievement is Koh Pich island, and it is a symbol of the development of Cambodia,” he said. “[Khiev Se] invested in the airport so it means he has the ability to renovate this location into a development with potential to provide jobs to the people and revenue for the state.”

OCIC could not be reached for comment.
https://vodenglish.news/2600-hectares-m ... velopment/
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Re: New $1.5-billion Phnom Penh airport approved

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Phnom Poon wrote: Thu Jan 16, 2020 10:41 am
Duncan wrote: Thu Jan 16, 2020 9:59 am No mention of the super-hiway or train needed to get there, but I guess that will be in the next contract along with the sewer treatment system and water supply. In the year 2025.
it only needs to go to large house and barracks in that area
who controls OCIC i wonder
The company belongs to Canadian-Cambodian Pung Khieu Se, who is also the president of Canadia Bank Plc.
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