Hemade the statement during a meeting with representatives from theMinistry of Transport on March 23 in Hanoi, Sai Gon GiaiPhong newspaper reported.
In its role as a strategicstakeholder, ADP will make a capital contribution worth 25 to 30 percentof the ACV value before the Initial Public Offering (IPO) is conducted,he said, adding that ADP and Credit Suisse, an international financialservices group, will work with Ministry of Transport to mobilise 2.5 to 3billion USD for the Long Thanh International Airport project.
The Transport Minister Dinh La Thang spoke highly of ADP’s interests,highlighting that the Ministry is working to complete ACV equitisationin the second quarter.
He also affirmed his support forcooperation with ADP while asking the French groups to work with the ACVand relevant agencies on specific issues, including procedures tobecome the strategic stakeholder and effectively implement Long ThanhInternational Airport project in line with legal regulations.
ADP owns and manages 14 civil airports and airfields in Paris. It isrenowned both in France and abroad for its talent in airport design,management and operation.-VNA