HONG KONG/PHNOM PENH -- A major portion of Cambodia's new international airport in Phnom Penh will be built by a Chinese state-owned company, leaving the French operator of the capital's current gateway facing an increasingly uncertain future.
Metallurgical Corporation of China won the 2.67 billion yuan ($405 million) contract to design and construct the airfield for the new airport, whose overall $1.5 billion price tag is being bankrolled almost entirely by Beijing.
