The People's Committee of Dong Nai Province together with the Ministry of Transport and the Airports Corporation of Vietnam (ACV) agreed to propose the government to permit relocating 400 households, whose lands have been reclaimed for construction of two roads connecting to Long Thanh international airport, in Loc An - Binh Son resettlement area.
Prime Minister Nguyen Xuan Phuc has issued a decision No. 1777/QĐ - TTg approving the first phase of the Long Thanh Aiport’s construction project which will be started from 2020-2025 at an investment capital of VND109,000 billion (US$4.7 billion).
The National Assembly (NA) has issued a resolution that requires the investor of the proposed Long Thanh International Airport to use its own funds instead of money from the Government.
The Ministry of Transport has suggested the Prime Minister and the State Appraisal Council to select the proposal by Airports Corporation of Vietnam (ACV) in which ACV will use its capital to invest in Long Thanh International Airport without using Official Development Assistance (ODA) funds, announced the ministry on August 9.
Long Thanh International Airport, one of Vietnam’s key projects, will make use of the most advanced technologies to reach the service quality and flying safety standards of the world's leading airports.
Feasibility study of Long Thanh airport must be submitted no later than May, Minister of Transport Nguyen Van The said to consultancy agencies at yesterday meeting on the airport construction progress.
Minister of Transport Nguyen Van The on January 7 presided over a meeting to speed up the progress of some aviation infrastructure projects including Long Thanh International Airport construction and Tan Son Nhat International Airport expansion.
Long Thanh International Airport project is expected to undertake 85 percent of international flights including flights of national flag carrier Vietnam Airlines and foreign airlines, said the Ministry of Transport yesterday.
According to the Airport Design and Construction Consultancy One Member Company (ADCC), VND25,000 billion (over $1 billion) is needed to expand Tan Son Nhat Airport excluding site clearance cost.
One of the reasons of city's traffic infrastructure projects is lack of funds, therefore, the city is seeking funds for improving traffic infrastructure, said Director of the Ho Chi Minh City Department of Transport Bui Xuan Cuong said at the meeting presided by Chairman of People’s Committee and Transport Minister Nguyen Van The on August 3.
