The Metallurgical Corporation of China (MCC) has won a $405 million contract to design and construct the airfield for a new airport in Phnom Penh, Cambodia. The airport is expected to cost $1.5 billion, most of which is being funded by China. The new Phnom Penh airport will cover about 700 hectares and form part of a broader residential and commercial development of about 2,600 hectares. It is being overseen by local conglomerate Overseas Cambodia Investment Corporation. Once developed, Phnom Penh’s existing facility is expected to be kept for domestic flights, air cargo, state delegations and military use.
