According to the Civil Aviation Authority of Vietnam (CAAV), more than VND1.2 quadrillion (over US$50.85 billion) is needed to complete the country’s airport system between 2021 and 2050.
Chairman of the People’s Committee of the central coastal province of Quang Ngai delegated the provincial Transport Department to coordinate with relevant units to discuss the construction plan of Ly Son Airport.
A second airport in the capital region is expected to take shape by 2050 to ease the burden on the Noi Bai International Airport, according to the Ministry of Transport.
A conference was held in Hanoi on July 14 to announce the Master Planning on airport development in the 2021-2030 period with a vision to 2050, which shows that Vietnam will have 33 airports in the next two or three decades.
Six new airports will be built in the next 10 years, raising the total number of airports in the country to 28, haft of which are international airports, according to a master plan on the development of airports in the 2021-2030 period with a vision to 2050 that has been submitted to the Government by the Ministry of Transport.
The Airports Corporation of Việt Nam (ACV) plans to sell some 166 million shares to French airport authority Aéroports de Paris (ADP), which is set to become a strategic investor.
Viet Nam is creating a framework to stimulate private investments in the aviation industry, as public-private partnerships for development of this sector has become a trend in the region.
Transport Minister Dinh La Thang on behalf of the Government yesterday reported to the National Assembly (NA) the policy of building Long Thanh International Airport in the southern province of Dong Nai. However, the NA Economic Committee argued that the project was unclear and unfeasible.
RIO DE JANEIRO, July 28, 2011 (AFP) - The draw for the 20th World Cup will be made in Rio on Saturday as the tournament prepares to return to Brazil for the first time in 64 years.
