ACV proposed as main investor for first phase of Long Thanh Int'l airport

03:05, 21/05/2020

The Government has proposed naming State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in Dong Nai Province.

 

The Government has proposed naming State-owned Airports Corporation of Vietnam (ACV) as the main investor for the first phase of Long Thanh International Airport in Dong Nai Province.

A rendering of the Long Thanh International Airport to be built in the southern province of Dong Nai, 40km east of HCM City. — Photo courtesy of Airports Corporation of Viet Nam
A rendering of the Long Thanh International Airport to be built in Dong Nai Province. — Photo courtesy of Airports Corporation of Viet Nam

Minister of Transport Nguyen Van The has submitted a feasibility report on the first phase of the airport at a cost of VND111 trillion ($4.779 billion) to the National Assembly (NA).

According to the report, ACV will invest in the first runway, taxiways, a terminal, an aircraft parking space and other major infrastructure at the airport.

The National Assembly Standing Committee said the Government has the right to choose an investor for Long Thanh airport as long as it ensures its chosen investor abides by principles of national defence and security, national interest and financial efficiency.

ACV operates 22 airports in Vietnam, including nine international airports and 13 domestic airports.

(Source:VNS)