A joint venture between Viet Xuan Moi and Duc Binh Group joint stockcompanies has submitted to the transport ministry an investment proposalfor Cam Ranh Airport's international passenger terminal.
Theproject, to be managed as a BOT (built-operate-transfer) operation, isestimated to have investment capital of nearly 2 trillion VND (90.9million USD).
The proposal was made to address the rapidly increasing number of passengers seen in recent years at the airport.
Research showed that the current 13,995sq.m terminal had the capacity to serve 1.6 million passengers per year.
In2013, the airport received more than 1.5 million passengers. Passengernumbers have greatly exceeded the airport's capacity since 2014.
Ifthe proposal is approved, the airport will have two terminals. One willserve domestic passengers, while the other will be exclusively used byforeign visitors. The investors will also produce a feasibility report,complete construction and put the terminal into operation by 2018.
GeneralDirector of Viet Xuan Moi JSC Nguyen Thi Quyen said the construction ofthe international passenger terminal was essential and urgent for theairport's operations and to manage the increasing flow of passengers inthe future.
To mobilise capital, the joint venture has suggestedtwo methods: mobilising capital from domestic private companies through aBOT scheme or establishing a project management body or a joint venturecompany which will have capital contribution from the AirportsCorporation of Vietnam.-VNA
Theproject, to be managed as a BOT (built-operate-transfer) operation, isestimated to have investment capital of nearly 2 trillion VND (90.9million USD).
The proposal was made to address the rapidly increasing number of passengers seen in recent years at the airport.
Research showed that the current 13,995sq.m terminal had the capacity to serve 1.6 million passengers per year.
In2013, the airport received more than 1.5 million passengers. Passengernumbers have greatly exceeded the airport's capacity since 2014.
Ifthe proposal is approved, the airport will have two terminals. One willserve domestic passengers, while the other will be exclusively used byforeign visitors. The investors will also produce a feasibility report,complete construction and put the terminal into operation by 2018.
GeneralDirector of Viet Xuan Moi JSC Nguyen Thi Quyen said the construction ofthe international passenger terminal was essential and urgent for theairport's operations and to manage the increasing flow of passengers inthe future.
To mobilise capital, the joint venture has suggestedtwo methods: mobilising capital from domestic private companies through aBOT scheme or establishing a project management body or a joint venturecompany which will have capital contribution from the AirportsCorporation of Vietnam.-VNA
