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TO APPROVE THE FIRST CONSTRUCTION PHASE OF THE LONG THANH INTERNATIONAL AIRPORT PROJECT

On November 11, 2020, the Prime Minister issues the Decision No. 1777/QD-TTg on approving the first construction phase of the Long Thanh International Airport project.

Accordingly, the first construction phase of the Long Thanh International Airport project is divided into 04 sub-projects, including: (1) Sub-project 1 - Constructions of state management agencies’ head offices; (2) Sub-project 2 - Constructions in service of flight control; (3) Sub-project 3 - Essential constructions in an airport; (4) Sub-project 4 - Other constructions.

The Government sets a goal to build Long Thanh International Airport to become a level 4F important international airport of Vietnam (according to the decentralization of the International Civil Aviation Organization – ICAO). At the same time, to invest Long Thanh International Airport, phase 1 with 01 runway and 01 passenger terminal with synchronous auxiliary items for receiving 25 million passengers and 1.2 million tons of cargo per year.

Noticeably, total investment for the project is VND 109,111.742 billion, equivalent to USD 4,664.89 million (at the exchange rate of 23,390 VND/USD announced on May 25, 2020 at Vietcombank).

This Decision takes effect on the signing date.

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