No State capital for Tan Son Nhat Airport’s T3 terminal: Deputy PM

Tuesday, Jan 14, 2020 16:30

Tan Son Nhat International Airport would be expanded to be able to receive 50 million passengers per year. — Photo vietnambiz.vn

No State capital will be provided for the construction of Tan Son Nhat Airport’s T3 Terminal, Deputy Prime Minister Trinh Dinh Dung has announced.

In a document recently sent to the Ministry of Planning and Investment, Deputy PM Dung asked the ministry to clarify capital sources for the construction of Tan Son Nhat Airport’s T3 Terminal.

Dung stressed that the Government would not provide capital for terminal’s construction.

In addition, Dung urged the ministry to verify the legality of the project to submit it to the Prime Minister for approval.

Previously, the ministry asked Prime Minister Nguyen Xuan Phuc that the Airports Corporation of Viet Nam (ACV) be the project’s investor.

Under the ministry’s initial proposal, T3 Terminal would be designed with a capacity of receiving 20 million passengers per year, would cover 16.05 hectares and have estimated total capital of VND10.99 trillion (US$474 million), VND440 billion lower than the ACV’s proposal.

The ACV would still need to calculate the capital sum for the project carefully to ensure investment efficiency, the ministry said.

The ministry also said the goal of completing the project within 37 months was not feasible.

The ministry said that as Tan Son Nhat International Airport was severely overload, it was necessary to build T3 Terminal to bring the total capacity of the airport to 50 million passengers per year. VNS

Comments (0)

Statistic