PM approves Long Thanh Airport master plan

Prime Minister Nguyen Tan Dung has approved in principle a master plan for the Long Thanh International Airport in the southeastern province of Dong Nai, which was submitted by the Ministry of Construction.

The plan, devised by the Japan Airport Consultancy Company (JAC) in December 2010, envisages that the 5,000-ha Long Thanh International Airport in Long Thanh district will be built in three phases and completed by 2035.

In the first phase to 2020, the airport will have two runways and be able to accommodate the largest passenger aircraft currently flying, including the Airbus A380. By then, it will be able to handle 25 million passengers and 1.2 million tonnes of cargo a year.

In the second phase that ends in 2030, the airport will have three runways and improve its capacity to handling 50 million passengers and 1.5 million tonnes of cargo a year.

In the third phase after 2030, the airport will have four runways and the capacity to serve 100 million passengers and handle five million tonnes of cargo a year.

The Ministry of Construction estimates that the first phase will cost about US$6.7 billion, including US$696.5 million for land clearance compensation.

In the master plan, the ministry proposed that the investment for building the airport’s taking-off and landing areas as well as roads linking to the airport be sourced from the State budget, Government bonds and Official Development Assistance (ODA) loans.

The capital for building the airport’s passenger and cargo terminals, parking lots and entertainment areas would come from investors and public-private partnerships, the ministry said.

The Long Thanh International Airport will be located about 40km from HCM City and 43km from the Tan Son Nhat International Airport.

The ministry also plans that the Tan Son Nhat International Airport will continue operating after the new one opens in Dong Nai.

In 2020-35, the Long Thanh International Airport will receive 90 percent of international flights and 20 percent of local flights while the Tan Son Nhat International Airport will receive 10 percent of international flights and 80 percent of local flights in the southern region. – VNA

Tags:

Posted by VBN on Apr 30 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

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • Gold Ends Higher, Dips On Bernanke Speech
  • Gold up after Bernanke’s dim view
  • Gold gained for the first time in three days after U.S. jobless claims unexpectedly rise
  • Stocks close down from opening highs
  • Investors cautious over economic data
  • Accord to lift gas supply sealed
  • CNPC To Sell Bonds
  • Pang Da’s Shares Tumble On Saab’s Bankruptcy Move

Sponsored

Looking for an overseas forex broker?