The construction of a new airport in the capital city of Phnom Penh in Cambodia is almost half complete, the government officials announced recently. Sin Chansereyvutha, State Secretariat of Civil Aviation (SSCA) spokesman and undersecretary of state said: “The work on Techo International Airport (TIA) has so far cost the developer, Cambodia Airport Investment Co Ltd (CAIC), about $617 million at the end of 2022.” CAIC is a joint venture between Overseas Cambodia Investment Corp Ltd (OCIC) and the SSCA, with ownership set up on a 90:10 basis. Meanwhile experts believe that the air traffic in Cambodia may not reach

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