Vietnam approves USD253 mn Quang Tri airport PPP

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Prime Minister Pham Minh Chinh of Vietnam has approved the construction of the airport in Quang Tri under the public-private partnership (PPP).

The airport project will cover three communes of Gio Quang, Gio Hai, and Gio Mai in Gio Linh District, and has a runway of 4C category of the International Civil Aviation Organization (ICAO). It will be able to handle narrow-body aircraft and a grade II military airport. The construction will be done in two phases with the estimated investment of VND2.91 trillion (US$126.76 million) for the first phase and VND2.9 trillion ($126.76 million) for the second phase. The duration for the execution of the two phases is set to be 50 years. 

In the early phase, the airport will handle one million passengers and 3,100 tons of goods per year, reaching over 2.2 million passengers per year by 2046 and 5,600 tons of goods by 2042. The first phase includes the construction of basic facilities of the airport to qualify for the 4C category and grade II military airport. Scheduled to start from 2029, phase two involves the development of other support facilities and the expansion of the airport terminal, so that the airport will handle up to five million passengers by 2047. A cargo terminal with a capacity of 13,700 tons per year will be completed in 2043 and expanded to handle 25,500 tons in 2059.

 

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