National appraisal board proposed for Long Thanh Airport Project

The Ministry of Planning and Investment has proposed to set up a national appraisal board and invite foreign consultants for Long Thanh International Airport.

The Ministry of Planning and Investment has proposed to set up a national appraisal board and invite foreign consultants for Long Thanh International Airport.

 

Long Thanh Airport is scheduled to be completed and go into operation in 2025

The appraisal board would conduct a feasibility study report led by the minister of planning and investment. Its members would include leaders of 13 related agencies, Committee for Management of State Capital and Dong Nai People's Committee.

Due to the size of the project and lack of experience of the members, the Ministry of Planning and Investment proposed to the prime minister to hire a foreign consultant to help with the appraisal. The consultant should be hired quickly so that they could review the project and report results to the National Assembly in October.

Last year, the Airports Corporation of Vietnam signed a contract with the JFV (Japan, France and Vietnam) joint venture to carry out a field survey and feasibility study report for the first phase of the project. By the end of November, the joint venture completed building up ideas for the project and is focusing on completing the basic designs in April.

Long Thanh Airport project will be divided into three phases with a budget of USD16bn. USD5.4bn will be spent on the first phase to build a runway, a terminal with capacity to serve 25 million passengers and 1.2 million tonnes of goods per year.

The construction is scheduled to be completed and go into operation in 2025.