The New Siem Reap International Airport Project
Looks like we’ll be getting a new Siem Reap International Airport within the next four years! The current one is owned by Cambodia Airports, part of France’s Vinci Group. They recently invested $100 million to upgrade terminals in both the Siem Reap and Phnom Penh airports.
The NSRIA project – New Siem Reap International Airport – has been the subject of discussion for nearly ten years. In 2010, the government was seeking to build a new airport in order to protect nearby world heritage sites including Angkor Wat.
The construction of Siem Reap’s new international airport has already begun and according to other online news, a project contractor is currently occupied with land preparations for the new Siem Reap International Airport.
The Cambodian government signed an $880 million contract for the development of the Siem Reap New International Airport with Yunnan Investment Holdings, Ltd in mid-August, 2017. The contract gives the Chinese firm the exclusive right to run and manage the airport concession for 55 years under a build-operate-transfer scheme.
The plan to build a new airport in Siem Reap was welcomed by many seeing that it could possibly boost the ever-increasing trade and tourism in the region.
The president of CATA (Cambodia Association of Travel Agents ) said,
“This airport will surely attract more tourists than before, and will be able to welcome giant-sized planes.”
The NSRIA projects expected completion date is in late 2022 or early 2023. This airport is expected to cost in the ballpark of $1 billion and have an annual capacity of around 10,000,000 pax.
Want to read more? Check out the entire NSRIA timeline.
Let us know what you think about the new Siem Reap International Airport project.