SAMART
Samart's air traffic control service concession extended
The Cambodia's government has extended the concession period of Cambodia Air Traffic Services Co of Samart Corp Plc for another 10 years, from 2024 to 2033, due to the commitment to invest for additional 7 million US$ in air traffic control system equipment for improvement of the air traffic control service quality.
Samart notified the Stock Exchange of Thailand over this week that most of the budget will be used for communication, navigation aid and surveillance equipment necessary for the operation at Sihanoukville Airport.
-The Nation