New airport in Dong Nai expected to open by 2020
The transport ministry has asked the Prime Minister to approve the construction of a new international airport in Long Thanh, Dong Nai Province.
The airport is expected to be put into operation by 2020 in order to reduce the overload at the HCM City-based Tan Son Nhat international airport.
Total investment capital for the first phase of the project is estimated at more than US$6.7 billion.
The ministry has proposed to mobilise investment capital for the project from the State budget, Government bonds, Official Development Assistance capital and from businesses.-VNS