Hanoi (VNA) – The Governmenturged the State Appraisal Council to promptly complete the assessment of a feasibility study report for thefirst phase of Long Thanh International Airport in a resolution issued onFebruary 3.
The StateAppraisal Council is required to ensure the quality of the assessment reportwhich must be submitted to the Prime Minister for review in March, theresolution says.
The Government has decided to expand the totalland area acquired for the project’s first phase from 1,165 hectares to 1,810 hectares.
The resolutionalso notes that the selection of investment form must take into account national defence andsecurity, the State and national interests; and guarantee the State’smanagement in compliance with current laws.
The Long ThanhInternational Airport, situated near its namesake township in the southernprovince of Dong Nai, is a national key project. Once fully operational, theairport is expected to reduce the load on the Tan Son Nhat International Airport in Ho Chi MinhCity and become a major international aviation hub in the region.
The project ismade up of three investment phases with the ultimate goal of making the airportcapable of serving 100 million passengers and handling 5 million tonnes ofcargo annually.
The project’sfirst phase costs an estimated 111.69 trillion VND or about 4.78 billion USD.In this phase, one runway andone terminal along with other components will be built to handle 25 millionpassengers and 1.2 million tonnes of cargo a year. It is scheduled to be putinto use in 2025 at the latest.
According tothe Government’s plan, theState-owned Airports Corporation of Vietnam (ACV) will be the investor andoperator of the aiport, who will use its own capital to invest in theconstruction of the State management administrative building and essentialcomponent buildings of the airport./.