Ly Yong Phat Company and Bangkok Airway will be joining hands to invest around $40 million to rehabilitate the former Koh Kong provincial airport.
Construction is expected to start next year, according to Sinn Chanserey Vutha, spokesman at the State Secretariat of Civil Aviation said.
Mr Chanserey Vutha said on Saturday that two companies have jointly been studying the impacts on environmental, society and technology and they will finish their plan study by the end of this year and they can start its construction next year.
“The former Koh Kong provincial airport’s planned construction is a joint investment project by LYP company and Bangkok Airway and calls for an investment of up to $40 million,” Mr Chanserey Vutha said.
The former Koh Kong provincial airport is located in Koh Kong province’s Khemarak Phoumin city.
“The goal of companies’ investment is to capitalise on the potential investors and tourists who are expected to flock to invest in Koh Kong province,” said Mr Chanserey Vutha.
Also in Koh Kong, the Dara Sakor International Airport in Botum Sakor district has been under construction by a Chinese company, the Union Development Group, that will be completed soon and it could begin operations by the end 2020, said Mr Chanserey Vutha.