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

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Posted by VBN on Mar 11 2011. Filed under Aviation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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