PM okays Phan Thiet Airport plan

Sep 30th at 14:21
30-09-2014 14:21:51+07:00

PM okays Phan Thiet Airport plan

Prime Minister Nguyen Tan Dung has approved in principle a plan to build Phan Thiet Airport in the central province of Binh Thuan under the BOT (build-operate-transfer) model.

Under the plan, the Binh Thuan Province's People's Committee has been assigned to proceed with construction of the airport, according to the Government Office.

The province has also been asked to coordinate with the ministries of Planning and Investment, Transport and National Defence, Rang Dong Group and other relevant agencies to draw up and develop a feasibility study for the project as well as select capable investors and contractors for the project.

Rang Dong Group has asked Binh Thuan Province and the Ministry of Transport for approval to invest in the airport.

Phan Thiet Airport, which will be used for both civil and military purposes, is located in Thien Nghiep Commune, Phan Thiet City.

The airport will be implemented in two phases. By 2020, the airport will be developed on 360 hectares comprising a 2,400-metre runway and a 5,000-square-metre terminal able to handle 500,000 passengers and 10,000 tonnes of goods a year.

The airport is projected to be expanded to 543 hectares to be able to handle around 1 million passengers and 40,000 – 50,000 tonnes of goods a year in the 2020-30 period.

The airport requires an initial investment of VND5.6 trillion (US$264.8 million) and is scheduled to be operational by 2017.

It is expected to help the province improve its tourism by shortening travel time for passengers from HCM City, Ha Noi, Da Nang and Nha Trang.

Currently the country has 21 operational airports, including eight international airports. 

bizhub



NEWS SAME CATEGORY

Foreign visitor arrivals up

Viet Nam welcomed more than 6 million international arrivals during the first nine months of 2014, up by 10.42 per cent compared to the same period last year.

More firms close, fewer open in 2014

More businesses in Viet Nam have either suspended or shut down operations in the first three quarters of 2014, according to the General Statistics Office (GSO).

More room to grow in Vietnam-Germany trade, investment: GTaI chief

As trade and investment relations between the two countries have yet meet their full potential, there is room to grow, especially when free trade agreement between...

Modern trade centers push buyers away, Vietnam traders say

The planned trade centers that are set to replace traditional markets in many big cities in Vietnam may well share the fate of modern shopping venues in Hanoi...

MIC tells MO to pocket 70% of information content service revenue at maximum

The Ministry of Information and Communication has limited mobile network operators’ profits from working with information content-service providers must to a...

Vietnam's Hanel DTT plans Myanmar e-gov't platform

Viet Nam's Hanel DTT Technology Joint Stock Company signed a cooperation agreement with Sundrew Myanmar Company to build an open e-government platform (OEP) based...

VN farmers face more fruitful future in US

Viet Nam will be exporting litchi and longan to the United States and is preparing to export more fruit when it joins the ASEAN Economic Community (AEC) next year.

MoU signed between Kinh Bac and LG for latter’s Haiphong expansion

Vietnam’s leading industrial park developer Kinh Bac City Development Company signed a memorandum of understanding with LG Electronics for the investment expansion...

Vietnam in the crosshairs of $1b Toshiba growth plan

Vietnam is anticipated to gain from Japanese leading electronic and electrical manufacturer Toshiba’s recently announced $1 billion investment fund in Southeast...

Let’s make Canon Speak for You

Canon Vietnam is launching a new, exclusive brand campaign as the firm seeks to invest even more heavily in the local market and further promote digital imaging...


MOST READ


Back To Top