Vietnam Airlines plans to spend big on Long Thanh International Airport

The Vietnam Airlines Corporation has said it is planning to invest nearly 10 trillion VND (434.78 million USD) in Long Thanh International Airport, which is now under construction in the southern province of Dong Nai.
Vietnam Airlines plans to spend big on Long Thanh International Airport ảnh 1The Vietnam Airlines Corporation has said it is planning to invest nearly 10 trillion VND (434.78 million USD) in Long Thanh International Airport. (Photo: VNA)

Hanoi (VNA) - The Vietnam Airlines Corporation has said it is planning toinvest nearly 10 trillion VND (434.78 million USD) in Long Thanh InternationalAirport, which is now under construction in the southern province of Dong Nai.

Vietnam Airlines ChairmanDang Ngoc Hoa said that, in its development strategy for 2021-2030, the corporationand its member units will set aside resources to participate in the buildingand operation of infrastructure at the Long Thanh airport, providing full services in airtransport for itself and other carriers.

Services includeproviding aviation fuel, ground technical services, meals, cargo terminalservices, aviation logistics, waiting room services, and duty-free sales, whichit has already been providing at many major airports via subsidiaries oraffiliates.

Hoa said that30 percent of the total investment in these services at the Long Thanh airport will comefrom Vietnam Airlines, with the remainder from loans.

The corporationand its members will directly invest in infrastructure construction orcooperate with the Airports Corporation of Vietnam (ACV) to set up joint stock or limitedliability companies to carry out the work.

Director ofthe Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang said the proposal isreasonable since the services suggested are associated with transport services.

He noted, however,that the corporation will have to participate in the tender process.

The firstphase of the Long Thanh International Airport, from 2020 to 2025, will receive over109 trillion VND (4.66 billion USD) in investment and will feature one runway,one passenger terminal, and associated facilities capable of catering to 25million passengers and handling 1.2 million tonnes of cargo annually./.

VNA

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