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Vietnam to build new terminal worth $472mln at Tan Son Nhat International Airport

Xuan Thinh Wednesday | 05/20/2020 10:57

The terminal, designed with international standards, can deal with a capacity of 20 million passengers annually. Photo: VGP

Prime Minister Nguyen Xuan Phuc on Monday assigned the Airports Corporation of Vietnam to invest in building new Passenger Terminal 3 at Tan Son Nhat International Airport.

The project has an overall investment capital of approximately VND10,990 billion ($472 million) and is expected to be completed within the 37 months.

The terminal, designed with international standards, can deal with a capacity of 20 million passengers annually.

It will be fully equipped with all necessary facilities to meet demand from domestic travelers while alleviating the frequent overloads that occur in Domestic Terminal 1 at the airport.

The land lease on the project will be for 50 years starting from the date on which decisions involving land allocation and lease are taken, in accordance with the law.

During the high-peak period, Tan Son Nhat International Airport serves 840-850 flights with 130,000 passengers per day.

In addition, PM Phuc has asked for the Ho Chi Minh City’s administration to take responsibility for the information, data, and content with regard to the project’s appraisal documents.

Elsewhere, the Ministry of Transport must be responsible for the proposal in which to assign the ACV as the main investor with their capital contribution being sourced from the firm.

At present, the ACV is managing, investing, and operating 22 airports across the country, including nine international airports.

Source: VOV, VGP

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