The consortium comprises of Turkish conglomerate IC ISTAS, andnine local firms such as Vinaconex and Newtexons, Ricons, and Hancorp.
According to ACV, Vietur won the package with the price ofnearly 28 trillion VND and 338,800 USD. The contract will be implemented in39 months, including New Year holidays in accordance with Vietnamese law fromthe date of signing scheduled to fall between August 25 to August 30.
Long Thanh airport, to become Vietnam's largest, is budgeted to cost around336.63 trillion VND. Its construction is divided into three phases.
In the first phase, a runway and one passenger terminalalong with other supporting facilities will be built at a cost of 109.1trillion VND to serve 25 million passengers and 1.2 million tonnes of cargoeach year.
Once fully completed by 2050, the airport will be able tohandle 100 million passengers and 5 million tonnes of cargo annually.
Located 40km east of Ho Chi Minh City, it is expected torelieve overloading at Tan Son Nhat International Airport, currently thecountry’s largest, in the southern metropolis./.
