Tag: Long Thanh

  • Government greenlights Long Thanh International Airport

    Government greenlights Long Thanh International Airport

    The first phase of the Long Thanh International Airport project, costing over $4.6 billion, has been approved by the government. The decision approving the airport, designed to become an important regional international air transit hub, was signed Wednesday by Deputy Prime Minister Trinh Dinh Dung.

    The first phase will have one 4km long runway with a width of 75 meters and a system of taxiways and apron, and a 373,000 sq.m passenger terminal designed to serve 25 million passengers and 1.2 million tons of cargo per year. The work is expected to be completed in 2025.

    The work will be divided into four sub-projects: the headquarters of state management agencies, flight management services, essential airport facilities, and other items.

    Essential airport facilities will include buildings, airport apron, passenger terminals, and cargo terminals. This task has been assigned to the Airport Corporation of Vietnam (ACV), which operates 21 airports in the country. ACV will raise its own capital for the construction, the decision says.

    The Long Thanh International Airport will apply modern and open technologies so that they can be easily updated with the most advanced construction, management and operational technologies in accordance with international standards.

    The project’s investment plan was approved by the National Assembly in mid-2017. The parliament also issued a resolution on compensation, support and resettlement for land clearance to build the airport.

    Early last month, the government had directed Dong Nai Province to urgently hand over building sites so that construction can begin early next year.

    The airport will have three phases that are expected to be completed in 2040. By then, it will have four runways, four-passenger terminals and auxiliaries to accommodate 100 million passengers and 5 million tons of cargo every year.

    Lying 40 kilometers east of HCMC, the airport is expected to take up the overflow from the largest existing airport in the country, the Tan Son Nhat International Airport.

  • Vietnamese firm seeks main investor status in Long Thanh airport

    Vietnamese firm seeks main investor status in Long Thanh airport

    The Airports Corporation of Vietnam (ACV) desires to be the main investor in the Long Thanh International Airport. ACV, which operates 21 airports in the country, has proposed that it contributes more than a quarter of the $5.4 billion needed to build the new Long Thanh International Airport. Lai Xuan Thanh, chairman of ACV, said that the corporation is ready to contribute $1-1.5 billion needed for the first phase of the mega airport to be built in Dong Nai Province, neighboring HCMC.

    In a proposal to the Ministry of Transport, ACV has said that its initial contribution will be used for major components of the airport including the terminal, runways, parking lots and cargo areas, worth a total of $3.77 billion, according to the Vietnamese government’s website.

    The airport operator is currently working with the Ministry of Transport and Dong Nai authorities on acquiring about 1,800 hectares for the first phase of the airport.

    Most of the targeted area is now covered by plantations belonging to the Dong Nai Rubber Corporation where 200 families reside.

    The Ministry of Transport has asked the consultancy consortium of the airport, JFV, to finish an environmental impact report next month.

    The consortium, comprising of three Japanese, one French and two Vietnamese companies, will also need to submit the feasibility report for the airport by June.

    In turn, the ministry “will submit the feasibility report to the National Assembly in October. If it is approved, bidding will start in 2020 and construction in 2021,” Transport Minister Nguyen Van The told local media recently.

    The Long Thanh International Airport, to be built in three phases over three decades, is set to become Vietnam’s largest airport.

    The first part is scheduled for completion in 2025, when the new airport will be able to handle 25 million passengers a year. The next two phases will run from 2030 to 2035 and from 2040 to 2050.

    Experts have previously warned that the construction cost of the airport could double every five years.

    Lying 40 kilometers east of HCMC, the airport is expected to take up the overflow from the largest existing airport in the country, Tan Son Nhat International Airport.

    Once completed, Long Thanh International Airport will have an annual capacity of 100 million passengers and five million tons of cargo.

    The tourism surge of recent years in Vietnam has resulted in demands for an upgrade of existing airports and construction of new ones.

    The country welcomed 12.5 million air passengers last year, up 14.4 percent from 2017, according to the General Statistics Office.