Overseas Cambodian Investment Corporation

Overseas Cambodian Investment Corporation Ltd., (OCIC; ) is a Cambodian family-owned conglomerate founded in 2000 by businessman Pung Kheav Se.[2]

The company operates in real estate development, construction, infrastructure, education, and healthcare, and is one of the major private developers in Cambodia.

OCIC is known for large urban projects such as Koh Pich, Chroy Changvar Bay, and Norea City, as well as its role through its subsidiary Cambodia Airport Investment Co. Ltd. (CAIC) as the developer of Techo International Airport, Phnom Penh’s international airport.[3]

History

Under the leadership of its founder, OCIC was established as the non-financial arm of Canadia Group, created to lead the group’s investments and operations in real estate and large-scale urban development from the early 2000s onward. [4]

During this period, the group launched several housing projects in Phnom Penh, particularly borey developments such as Chamkarmon City and Rose Garden while also participating in early commercial and retail developments including Sorya Center Point (opened in 2003). OCIC later entered into international cooperation for selected developments, including a partnership with Malaysia’s Sunway Group for the Sunway Toul Kork residential development.[5] From the mid-2000s onward, OCIC increased its focus on large-scale district-making and landmark projects, including the start of Koh Pich development in 2006[6], followed by major office and mixed-use assets such as Canadia Tower (completed in 2009). In the following decade, the group diversified into additional sectors, notably education with the establishment of the Canadian International School of Phnom Penh in 2012, and healthcare through Intercare Hospital (established in 2020). [7][8] In infrastructure, OCIC is one of Cambodia’s major private developers of roads and bridges, delivering a range of large public works projects across the country.[9] OCIC has also played a central role through its subsidiary Cambodia Airport Investment Co., Ltd. (CAIC) as the developer of Techo International Airport, which opened in 2025, under a joint venture structure where OCIC holds 90% and the State Secretariat of Civil Aviation (SSCA) holds 10%.[10]

Affiliated companies and investments