HCMC – The Government Office has announced that the Con Dao airport upgrade project will be executed under the public-private partnership (PPP) format.
The announcement emphasized that a comprehensive investment, upgrade and expansion plan for the airport, including the runway, passenger terminal and other auxiliary facilities are needed to transform it into a national-scale airport.
The Ministry of Transport, the Commission for the Management of State Capital at Enterprises and the Airports Corporation of Vietnam all agreed to prioritize implementing the project under PPP.
The Ba Ria-Vung Tau People’s Committee was assigned to find investors, mobilize capital, conduct investment research and evaluate the economic and technical feasibility of the project.
Deputy Prime Minister Tran Hong Ha requested the Ministry of Transport to draw up a comprehensive investment plan to synchronously upgrade the airport and all of its components, assess the economic efficiency of the investment and supervise the implementation to ensure it complies with technical standards and regulations.
Con Dao, one of the oldest airports in Vietnam, has a short runway and can handle only 300,000 passengers per year. Currently, it is classified as a 3C civil and second-class military airport.
According to the upgrade plan, Con Dao will be used for both civil and military purposes and be able to handle two million passengers and 4,400 tons of cargo per year.
Source: The SaigonTimes