New Airport is set for 2025

Progress Update on the new Techo International Airport in Phnom Penh

The Techo International Airport, set to become a major gateway to Phnom Penh and a significant development for Cambodia, is making steady progress. Construction of this ambitious project began in 2019, and as of mid-2024, substantial advancements have been reported.

Construction Milestones
1. Infrastructure Development: 
   - The main terminal building is nearing completion, with the structure fully erected and internal fittings underway.
   - Runways and taxiways are over 70% complete, with paving and marking in progress.

2. Facilities and Amenities: 
   - Work on auxiliary facilities, including cargo terminals, parking areas, and airport hotels, is progressing as planned.
   - Installation of advanced air traffic control systems and security infrastructure is ongoing, aiming to meet international standards.

3. **Environmental and Community Impact**: 
   - Efforts are being made to minimize environmental disruption, including creating green zones around the airport.
   - Community engagement programs have been established to address local concerns and ensure that the benefits of the airport reach nearby communities.

Expected Completion and Opening
The Techo International Airport is on track to open its doors by late 2025. Upon completion, it will become one of the largest airports in Southeast Asia, capable of handling over 13 million passengers annually in its initial phase, with potential expansion to accommodate up to 30 million passengers.

Economic Impact on Phnom Penh and Cambodia

The completion of the Techo International Airport is poised to bring significant economic benefits to Phnom Penh and Cambodia as a whole. Here’s what to expect:

Boost to Tourism
- Increased Visitor Numbers: With enhanced connectivity, the airport is expected to attract more tourists, contributing to the growth of the hospitality, retail, and entertainment sectors.
- Promotion of Cambodia as a Hub: The new airport will position Phnom Penh as a more attractive entry point to Southeast Asia, promoting longer stays and increased spending by visitors.

 Job Creation
- Construction and Operations: The ongoing construction phase has already created numerous jobs. Upon completion, the airport will require a large workforce for operations, maintenance, security, and other services.
- Related Industries: Increased airport activity will stimulate job creation in related industries such as logistics, transport, and tourism.

Infrastructure Development
- Enhanced Connectivity: Improved air connectivity will facilitate easier movement of goods and people, boosting trade and commerce.
- Urban Development: The areas surrounding the airport are likely to see increased investment, leading to urban development and improved infrastructure.

Investment Attraction
- Foreign Investment: The modern airport infrastructure will make Phnom Penh more attractive to foreign investors, encouraging investment in various sectors.
- Economic Diversification**: Enhanced connectivity and increased investment will aid in diversifying Cambodia’s economy, reducing reliance on any single sector.

Long-term Growth
- Sustainable Growth: With better infrastructure and connectivity, Cambodia is well-positioned for sustainable economic growth, improving the quality of life for its citizens.
- **Regional Competitiveness**: The new airport will enhance Cambodia’s competitiveness within the ASEAN region, opening up more opportunities for regional cooperation and development.

Conclusion

The Techo International Airport is not just a construction project; it is a catalyst for economic transformation in Phnom Penh and Cambodia. As the project nears completion, the anticipation of its benefits continues to grow, promising a brighter and more prosperous future for the region.