Phnom penh: A French-based company that has been investing in Cambodia’s airport sector for over 30 years has expressed interest in expanding its investment into other key sectors, including clean energy and water.
According to Agence Kampuchea Presse, the intention was shared by Mr. Nicolas Notebaert, Chief Executive Officer of VINCI Concessions, President of VINCI Airports, and Chairman of the Board of Directors of SCA (Soci©t© Concessionnaire des A©roports), during a courtesy call on Prime Minister Samdech Moha Borvor Thipadei Hun Manet at the Peace Palace in Phnom Penh this morning.
Mr. Notebaert said his company is committed to continuing its contribution to Cambodia’s socio-economic development, describing it as a win-win partnership between the Royal Government and the private sector. He also highlighted the sharp rise in air travel in Cambodia, noting that the number of air passengers has increased approximately 40-fold compared to 30 years ago.
In addition, Mr. Notebaert updated the Prime Minister on the company’s preparations for the launch of operations at Techo International Airport, which is expected to begin operating soon.
For his part, Samdech Thipadei Hun Manet praised VINCI Airports for its long-standing and successful operation in Cambodia. The Premier underscored the key policies and strategies of the Royal Government in attracting foreign direct investment, including the provision of various incentives for investors.
Regarding the aviation sector, he reaffirmed Cambodia’s open-sky policy, which facilitates international connectivity. He noted that Cambodia now has direct flights to many countries and is working to further expand its international flight network in line with growing numbers of both domestic and international tourists.
To support VINCI’s plans to diversify its investments, Samdech Thipadei encouraged the company to strengthen communication with the relevant Cambodian ministries and institutions. He also reaffirmed the Royal Government’s full support for the continued success of VINCI’s investments in Cambodia.