No State capital for Tan Son Nhat Airport’s T3 terminal

No State capital will be provided for the construction of the Tan Son Nhat Airport’s T3 Terminal, Deputy Prime Minister Trinh Dinh Dung has announced.
No State capital for Tan Son Nhat Airport’s T3 terminal ảnh 1Tan Son Nhat International Airport would be expanded to be able to receive 50 million passengers per year. (Photo: vietnambiz.vn)

Hanoi (VNA) -
 NoState capital will be provided for the construction of the Tan Son NhatAirport’s T3 Terminal, Deputy Prime Minister Trinh Dinh Dung hasannounced.

In a document recently sent tothe Ministry of Planning and Investment, Dung asked the ministry to clarifycapital sources for the construction of the Tan Son Nhat Airport’s T3 Terminal.

He stressed that the governmentwould not provide capital for the terminal’s construction.

In addition, Dung urged theministry to verify the legality of the project to submit it to the PrimeMinister for approval.

Previously, the Ministry of Planningand Investment asked Prime Minister Nguyen Xuan Phuc that the AirportsCorporation of Vietnam (ACV) be the project’s investor.

Under the ministry’s initialproposal, the T3 Terminal would be designed with a capacity of receiving 20million passengers per year, would cover 16.05 hectares and have estimatedtotal capital of 10.99 trillion VND (474 million USD), 440 billion VND lowerthan the ACV’s proposal.

The ACV would still need tocalculate the capital sum for the project carefully to ensure investmentefficiency, the ministry said.

The ministry also said the goalof completing the project within 37 months was not feasible.

The ministry said that as the TanSon Nhat International Airport was severely overloaded, it was necessary tobuild the T3 Terminal to bring the total capacity of the airport to 50 millionpassengers per year./.
VNA

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