Transport Ministry to sell operation right of Phu Quoc Airport

Minister of Transport Dinh La Thang on February 22 instructed the Airport Corporation of Vietnam (ACV) to immediately build a pilot project to sell the operation right of Phu Quoc International Airport off the Mekong Delta province of Kien Giang this year.

An aircraft of the national flag carrier Vietnam Airlines lands at Phu Quoc Airport (Photo: SGGP)

The sale of ACV-built airport aims to help the company recover a large amount of capital for aviation infrastructure development projects.

If the pilot project goes successful, ACV will continue selling all or parts of exploitation rights of other airports to private investors.

Minister Thang ordered ACV to present a specific plan to build and upgrade some airports including Cam Ranh Airport.

In addition, Terminal T1’s Hall E of Noi Bai International Airport will also be put up for sale to a Vietnamese airline who wants to purchase.

The Civil Aviation Authority of Vietnam is now working with ACV to conduct a feasibility study for a project to broaden the plane parking area and car parking lot at Tan Son Nhat International Airport. It is expected to be completed in March.

By Bich Quyen – Translated by Hai Mien

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