Local administrations urged to seek private investors for early construction of airports

Deputy Prime Minister Le Van Thanh urged local authorities to rashly select private investors to early kick start construction of Sa Pa, Quang Tri, Lai Chau and Phan Thiet airports under the public-private partnership (PPP) format by early 2023.
aa
Local administrations urged to seek private investors for early construction of airports
A perspective of Quang Tri airport.

The Deputy Prime Minister made the request at a meeting with local leaders of 15 provinces and cities that have demands for airport upgrading, expansion, and construction.

The Government called for more decentralization on airport development so that local leaders are authorized to seek investment for airport construction under PPP model.

Deputy Minister of Transport Le Anh Tuan was quoted as saying that in the 2021-2030 period, Viet Nam will have 14 international airports and 14 domestic ones. By 2050, the number of domestic airports will increase to 17.

The Government either approved or is considering plans to build airports in the north and central regions under the public-private partnership (PPP) format.

Deputy Chairman of the Lao Cai provincial People’s Committee Nguyen Trong Hai reported that Sa Pa airport has a feasibility cost study of VND3.65 trillion (US$155.8 million). The northern province will issue bidding documents on September 15 to select investors.

Sa Pa airport is located in Bao Yen District. It will have an operating period of 50 years, including more than three years of construction and 46 years and two months of exploitation and capital recovery./.

news.chinhphu.vn

Đọc thêm

Heineken to shift production from Singapore to Vietnam and Malaysia

Heineken to shift production from Singapore to Vietnam and Malaysia

Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Lynas secures Vietnam metal processing deal with LS Eco Energy

Lynas secures Vietnam metal processing deal with LS Eco Energy

Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and EU seek to strengthen ties in transport infrastructure and urban development

Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre

Warburg Pincus eyes participation in Vietnam International Finance Centre

Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam

Novatek eyes expanded LNG cooperation in Vietnam

As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam

EU to mobilise over $1 billion for major infrastructure projects in Vietnam

The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties

NIC partners with TU Berlin to boost Vietnam innovation ties

The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary

ACB proposes $20 million non-life insurance subsidiary

Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
Xem thêm

Mới nhất Đọc nhiều