Vietnam Airlines plans to spend big on Long Thanh International Airport

Hanoi (VNA) - 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 Chairman
Dang Ngoc Hoa said that, in its development strategy for 2021-2030, the corporation
and its member units will set aside resources to participate in the building
and operation of infrastructure at the Long Thanh airport, providing full services in air
transport for itself and other carriers.
Services include
providing aviation fuel, ground technical services, meals, cargo terminal
services, aviation logistics, waiting room services, and duty-free sales, which
it has already been providing at many major airports via subsidiaries or
affiliates.
Hoa said that
30 percent of the total investment in these services at the Long Thanh airport will come
from Vietnam Airlines, with the remainder from loans.
The corporation
and its members will directly invest in infrastructure construction or
cooperate with the Airports Corporation of Vietnam (ACV) to set up joint stock or limited
liability companies to carry out the work.
Director of
the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang said the proposal is
reasonable since the services suggested are associated with transport services.
He noted, however,
that the corporation will have to participate in the tender process.
The first
phase of the Long Thanh International Airport, from 2020 to 2025, will receive over
109 trillion VND (4.66 billion USD) in investment and will feature one runway,
one passenger terminal, and associated facilities capable of catering to 25
million passengers and handling 1.2 million tonnes of cargo annually./.