Mumbai, Nov 5: Indian Oil Corporation (IOC) has appointed Feedback Malaysia, to conduct a feasibility study for setting up an aviation fuel terminal (ATF) as part of the $3.4 billion international cargo being developed in central Cambodia.The AFT project of IOC will include establishing an aviation storage-cum-refuelling station, sourcing aviation fuel for Kampong Chhnang International airport at central Cambodia, said a press release.
Apart from conducting detailed market and financial feasibility study, Feedback Malaysia will be developing the investment plan for IOC in the project, suggest mechanism for the investment, the release added.
Transglobal Ltd, a joint venture company between the Royal Government of Cambodia and Dragongold Sdn Bhd of Malaysia has been awarded an exclusive 70-year old franchise, said the release.
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