The Phnom Penh Post on Monday reported the plans, citing a document from the Council of Ministers, dated Dec 21. The document approved an investment proposal from Cambodia Airport Investment to build a US$1.5 billion (S$2 billion), 2,600ha airport in Kandal province's Kandal Steung district, about 30km south of Phnom Penh.
Cambodia Airport Investment is a joint venture between local conglomerate Overseas Cambodia Investment Corporation (OCIC) and the Cambodian government's State Secretariat of Civil Aviation (SSCA), according to the document."
Full Article at: http://www.straitstimes.com/…/cambodia-plans-to-build-one-o…
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