Early Warning System

Countries

Cambodia

Geographic location where the impacts of the investment may be experienced.

Specific Location

Kandal Stung, Sa'ang District, Kandal Province and Bati District

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

US International Development Finance Corporation (DFC)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Active

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Overseas Cambodian Investment Corporation

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Transport

The service or industry focus of the investment. A project can have several sectors.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 17, 2025

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, developed by the Cambodia Airport Investment Co. Limited, the Project will be the sole gateway to Phnom Penh, replacing the existing Phnom Penh International airport (“PNH”). DFC will support Phase 1 of the Project, which is designed to handle up to 13 million passengers per annum, with up to 30 million passengers annually after completion of Phase 2. According to the airport master plan, the Project is a Category 4F airport capable of operating and receiving all current aircraft types. The Project is located in Kandal Stung, Sa'ang District, Kandal Province and Bati District, approximately 19 km south of the capital, Phnom Penh. The Project site occupies up to 2,600 hectares in a lowland area, ranging from 1.3 meters to 8 meters above sea level. The airport facilities will comprise two 4 km runways (one for Phase 1 and one for Phase 2), a main airport terminal and facilities, airport support facilities, and other land uses such as ponds, green areas, a road system (including a ~7 km access road), and other non-infrastructure area, as well as a reserve area.

Early Warning System Project Analysis

For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project is screened as Category A because it involves the construction a greenfield international airport with a runway length of more than 2,100 meters, which could have significant environmental and social impacts that are diverse and irreversible.

The major environmental and social risks and impacts associated with the Project are with respect to: air quality, noise, waste, biodiversity, traffic and transportation management, land acquisition and resettlement, labor and occupational health and safety, worker influx, emergency preparedness and response, as well as potential project contributions to cumulative impacts on land use change, and to agricultural, fishing, and water resources.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

US International Development Finance Corporation (DFC)

Investment type and amount not available at the time of disclosure.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Overseas Cambodian Investment Corporation (OCIC) is a Cambodian investment conglomerate, a global business partner, with projects like satellite cities and the new Techo International Airport.

In 2019, the Royal Government of Cambodia, represented by the Secretariat of State for Civil Aviation (SSCA), signed a joint venture agreement with Overseas Cambodian Investment Corporation (OCIC) to jointly form the establishment of Cambodia Airport Investment Co., Ltd. (CAIC). Under the joint venture agreement, the Cambodian government has granted CAIC the exclusive rights to fund, construct, operate and own the new Phnom Penh International Airport.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Cambodia Airport Investment Co. Limited	Subsidiary	-
-	-	-	-	Overseas Cambodian Investment Corporation	Client	-

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Location of Local Access to Project Information: A copy of the documents from the disclosure package will be available for review at:

Location: CAIC Office
Address: Building C2 The Olympia City, 5A Floor
Monireth Blvd (217), Sangkat Veal Vong, Khan 7 Makara
Phnom Penh
Cambodia

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability