14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Property

First-phase of Long Thanh Int’l Airport to be completed by January 2025

The estimated investment for the first phase of the project totaled over VND109 trillion (US$4.6 billion).

Authorities in the southern province of Dong Nai is urged to complete the entire acquisition of nearly 5,000 ha for the Long Thanh International Airport project by June 30 2022, so as for the first phase of the project to be finalized by January 2025.

 Long Thanh International Airport will be a major international aviation hub in the region. Photo: ACV

It was Deputy Prime Minister Le Van Thanh’s conclusion at a recent meeting on the site clearance and construction of the Long Thanh International Airport.

In order to ensure the progress of the project, the Deputy Prime Minister asked for close coordination of the relevant agencies in the site clearance for the major items of the airport, including the runway the terminal, and the control tower.

"By the end of 2021, the disbursed capital for the project must reach 79.3% of the allocation,” Deputy Prime Minister Le Van Thanh said.

The Deputy Prime Minister also requested the State Bank of Vietnam to facilitate the provision of domestic credit in foreign currency to the Airports Corporation of Vietnam (ACV) in accordance with the law to implement the project and report to the Prime Minister if any barriers arise.

The People's Committee of Dong Nai Province is tasked with submitting to the Ministry of Transport a plan on building an urban railway connecting Long Thanh International Airport with Ho Chi Minh City.

Under the chair of a deputy prime minister, a regular meeting will be held to review the project implementation progress, Thanh said.

The entire Long Thanh Airport, upon completion after three phases, would have four runways and four passenger terminals. It is designed to handle a capacity of 100 million passengers and five million tons of cargo per year by 2040.

Once fully operational, the $16-billion airport will become a major international aviation hub in the region.

Reactions:
Share:
Trending
Most Viewed
Related news
All citizens can access to affordable housing: PM

All citizens can access to affordable housing: PM

A house is a fundamental right for every citizen and everyone deserves equal, transparent and fair access to housing that fits their paycheck.

Western West Lake area poised to become Hanoi’s next-generation office center

Western West Lake area poised to become Hanoi’s next-generation office center

Driven by expanding metro lines, ring roads and a renewed West Lake master plan, Tay Ho Tay or the western area of the West Lake is emerging as a strategic office hub under Hanoi’s shift toward transit-oriented urban development.

Infrastructure plans fuel surge in Hanoi suburban land auctions

Infrastructure plans fuel surge in Hanoi suburban land auctions

Surging land auctions in Hanoi’s outlying communes, marked by sharply higher winning bids, point to returning capital and renewed confidence, while also stirring debate over speculation risks and whether prices truly reflect long-term demand and market fundamentals.

Tet renovation rush strains Hanoi crews, lifts finishing material costs prices

Tet renovation rush strains Hanoi crews, lifts finishing material costs prices

Hanoi’s home renovation market has entered its busiest stretch of the year, as year-end demand tightens contractor availability and raises the cost of finishing materials.

Vietnam construction materials rebound as prices rise and public investment accelerates

Vietnam construction materials rebound as prices rise and public investment accelerates

Rising steel and cement prices, stronger public investment spending and improving consumption across key material segments point to a broad recovery in Vietnam’s construction materials sector as 2026 begins.

Hanoi sets 40 sq.m housing space goal to lift urban living standards

Hanoi sets 40 sq.m housing space goal to lift urban living standards

Raising average housing space marks a people-centered shift in urban policy as the capital works to improve living standards, expand social housing and ensure that rapid economic growth goes hand in hand with safer and more livable neighborhoods.

Prime Minister urges measures to boost supplies and control house prices

Prime Minister urges measures to boost supplies and control house prices

Vietnam’s government is stepping up efforts to rebalance the real estate market as Prime Minister Pham Minh Chinh urges faster policy action to expand housing supply, address affordability pressures and ensure the sector supports both economic stability and social welfare.

Ho Chi Minh City forms first professional association for apartment management

Ho Chi Minh City forms first professional association for apartment management

Amid rapid urban growth, Ho Chi Minh City has established a professional body for apartment management, becoming the first locality in Vietnam to do so.