Northern Vietnamese province wants to develop $87.5mn airport under PPP format
Monday, March 21, 2022, 17:09 GMT+7
The People’s Committee of Son La Province in northern Vietnam has sought the prime minister’s approval for the construction of Na San Airport project under the public-private partnership (PPP) format at a cost of VND2 trillion (US$87.5 million).
The proposal had been signed by Son La chairman Hoang Quoc Khanh and was put forward to Prime Minister Pham Minh Chinh and the Ministry of Transport last Friday.
The Na San Airport project is part of the plan on the development of a nationwide airport system in 2020, with a vision toward 2030.
The airport, developed for a combination of civil and military uses, will cover a total area of 498.67 hectares and is expected to handle 1.5 million passengers in 2030.
The total investment for the project is estimated at VND2 trillion ($87.5 million), including VND300 billion ($13.1 million) from private investors.
Him Lam Thu Do JSC and FLC Group JSC have shown interest in building the project under the PPP format.
The People’s Committee of Son La Province also highlighted in its proposal the intention to become the operator of the project.
Located in Son La’s Mai Son District, some 20 kilometers south of the province’s center and 290 kilometers west of Hanoi, Na San Airport was originally built by French people in 1950 and intermittently suspended before its complete closure in 2004 due to substandard infrastructure.
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