CAMBODIA. Cambodia Airports and Dufry today formally renewed their partnership with the signing of a new contract running until 2020 for the operation of duty free stores at Phnom Penh and Siem Reap international airports.
As part of the agreement following a tender process, Dufry will manage an additional 1,670sq m of retail space across both airports, an increase of over +100%.
Dufry currently operates two duty free shops at Phnom Penh with a total area of 773sq m of retail space. The expansion of the commercial area at Arrivals and Departures will double retail space to 1,550sq m.
At Siem Reap, where the retailer operates two duty free shops spanning 571sq m, retail space at Arrivals and Departures will be almost tripled to 1,464sq m.
The expansion and refurbishment will create a walk-through concept with a design inspired by Cambodian architectural elements, further enhancing the shopping experience for passengers, Cambodia Airports said. “More space also means a wider range of products on offer, including international brands for perfume, cosmetics and fashion accessories,” it noted.
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The signing ceremony between Dufry and Cambodia Airports was officiated by Dufry Regional COO EMEA Xavier Rossinyol (left) and Cambodia Airports CEO Emmanuel Menanteau |
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“The operations in Cambodia are a significant part of our global portfolio and the close proximity to China provides a solid basis for success“ |
Julián Díaz CEO Dufry |
Cambodia Airports CEO Emmanuel Menanteau commented: “Dufry put forth a compelling concept that will enhance the retail experience of our passengers and strengthen the unique Sense of Place at our airports.
“We look forward to harnessing our cooperation and know-how built over 12 years and to taking the airports’ retail to the next level.”
Dufry Group CEO Julián Díaz said: “We are very pleased about this new agreement with Cambodia Airports. The renewal and extension of retail space allow us to further develop the business in Cambodia. The operations in Cambodia are a significant part of our global portfolio and the close proximity to China provides a solid basis for success.”
Phnom Penh International Airport, located in the capital of Cambodia, is the largest airport in the country. In 2013, the airport welcomed a total of 2.3 million passengers, an increase of +15% when compared to 2012. Siem Reap International Airport serves Siem Reap, a popular tourist destination thanks to nearby UNESCO world heritage Angkor Wat. It is the busiest airport in Cambodia in terms of passenger traffic, welcoming 2.5 million passengers in 2013, an increase of +20% year-on-year. Dufry has been operating at the two airports since 2002.
About Cambodia Airports
Under a public-private partnership with the Royal Government of Cambodia, Cambodia Airports holds the concession for the development and management of Cambodia’s three international airports serving the capital city of Phnom Penh; Siem Reap, home to the UNESCO World Heritage Angkor Archeological Park; and the port city and beach resort of Sihanoukville.
The shareholders of Cambodia Airports are France’s VINCI Airports (70%) and Muhibbah Masteron Cambodia (30%), a Malaysian-Cambodian joint venture.
VINCI Airports, a prominent player in the international airport industry, handles the development and operation of 23 airports: ten in France, ten in Portugal (including the Lisbon hub with 16 million passengers) and three in Cambodia, generating revenues of over 650 million Euros in 2013.
In 2013, 5.1 million passengers used the Cambodian airports. Phnom Penh and Siem Reap international airports provide nearly 500 regular flights per week, connecting both cities to 30 destinations in Asia, Europe and the Gulf region. Their maximum passenger handling capacities are 8 million and 6 million respectively.
