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Vietnam to build six more airports at cost of almost $18bn in next decade

Vietnam to build six more airports at cost of almost $18bn in next decade

Monday, November 08, 2021, 19:05 GMT+7
Vietnam to build six more airports at cost of almost $18bn in next decade
Planes are pictured at an airport in Vietnam. Photo: Tuan Phung / Tuoi Tre

Vietnam is expected to build an additional six airports, costing nearly US$18 billion, over the next decade to give a facelift to the aviation industry, according to the Ministry of Transport.

The transport ministry recently submitted to the prime minister a plan on the development of a nationwide airport system in the 2021-30 period, with a vision toward 2050.

The plan is based on the assessment of the operation of 22 existing airports in the country as well as their growth scenarios in the future.

In the next 10 years, the Southeast Asian nation will need to prioritize investing in airports that are considered major transport hubs, namely Tan Son Nhat International Airport in Ho Chi Minh City and Noi Bai International Airport in Hanoi, while gradually improving the remaining airdromes.

The plan also includes the construction of six new airports, including the Long Thanh mega airport in southern Dong Nai Province and five other airdromes in northern Son La Province, northern Lai Chau Province, northern Sa Pa Town, north-central Quang Tri Province, and south-central Phan Thiet City.

The development of the country’s airport system during this period will require about 20,378 hectares of land, the plan highlighted.

It will cost approximately VND400 trillion ($17.6 billion), which will be funded by the state budget and other sources of capital.

After 2030, another airport is planned to be built in the northern province of Cao Bang.

By 2050, Vietnam is expected to have 29 airdromes, including 14 international airports and 15 domestic ones.

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