Accordingly, the ministry assigned the Airports Corporation of Vietnam (ACV) to build Terminal T3, a runway, and a water drainage system outside the flight area.
In terms of calling for public involvement in the project, the ministry will choose investors in the form of public-private partnership for 1.5-2 years so as to complete the project before 2022.
Under the recently-announced decision on adjusting the planning of the airport, a total of 791ha is zoned off for upgrade. Once completed, it will meet the International Civil Aviation Organisation (ICAO) standards for a Level-4E airport and a military airport Level 1.
The total volume of passengers served and cargo handled per year will hit 50 million and nearly 0.8-1 million tonnes, respectively.
The ministry suggested giving priority to building Terminal T3, as well as the runway, roads, and facilities on the land plot assigned by the Ministry of Defence from 2018 to 2022 to reduce traffic congestion.
It also proposed the Government allocate a mid-term capital of over 4.46 trillion VND for 2016-2020 to restore and upgrade runways at Tan Son Nhat and Noi Bai international airports, security barriers and inspection roads in several airports.
In case of being unable to sufficiently access the State budget, the ministry suggested considering the use of revenues from flight services like the period before December 31, 2017 and the ACV investment fund.
For technical services in the north such as the supply of meals, petroleum, cargo terminals, and logistics, the ministry will announce a portfolio to call for public investment.
Specifically, it will pitch for investment from 2018-2019, choose investors for 2019-2020, and conduct site clearance for the next two years.