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Cambodia: Support for the investment plan of the concessionaire for three airports
Project
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Signature date
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Location
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Cambodia
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Financing tool
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Financing amount (Euro)
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12332234.94
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Financing details
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Loan of USD 16,4 M
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Customer
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SOCIETE CONCESSIONNAIRE DE L'AEROPORT
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Type of customer
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Company
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Project number
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PKH1010
SCA holds the concession for the airports of Phnom Penh, Siem Reap and Sihanoukville in Cambodia. Proparco is participating in the company’s investment program, which involves refurbishing and developing the three airports.
Client presentation
Société Concessionnaire des Aéroports (SCA) has been the concessionaire of Phnom Penh Airport since 1995 and of Siem Reap in Cambodia since 2001. In 2006, the company was entrusted with the construction and operation of Sihanoukville International Airport under a 35-year concession with the State. SCA is majority-owned by Vinci Group and a Malaysian group.
Project description
Proparco’s loan will contribute to financing the investment program for the three airports for which SCA is the concessionaire in Cambodia. The investments planned for Sihanoukville Airport mainly comprise the rehabilitation and extension of the runway, and the construction of a terminal. For the Phnom Penh and Siem Reap airports, the investments mainly concern the rehabilitation and extension of runways.
Project impact
The upgrading of airport infrastructure will support the development of local tourism and generate major economic benefits for the Government and local populations. The opening of Sihanoukville Airport will also facilitate the exploitation of energy resources from the Gulf of Siam and promote the expansion of logistics and port activities in this region.