1bn dollar Siem Reap airport talks

A SOUTH Korean company is set to discuss construction of  a new US$1 billion international airport in Siem Reap province today. The firm  which was involved in the construction of South Korea’s largest airport, Incheon International will meet with State Secretariat of Civil Aviaition (SSCA) officials today to study the domestic aviation industry, SSCA deputy cabinet director Long Chheng said.

“They want to conduct a feasiblity study of Cambodia’s civil aviation sector,” he said, but added it was too early to discuss the exact size of the planned facility. Long Chheng also declined to release the name of the firm until the conclusion of today’s meeting, but said Cambodia welcomed foreign direct investment in the sector.

“Under the government’s open skies policy, we’re very welcoming to any investment in the country’s aviation sector,” he said. Siem Reap province deputy governor Bun Tharith said yesterday the proposed $1 billion airport would be able to land larger aircraft than was currently possible with the  runway capacity at Siem Reap’s existing airport.

Sourced=phnompenhpost