Vietnam: Vietnam will start a new airport construction this weekend. The Quang Tri airport project, with an initial outlay of VND5.8 trillion (US$227 million), will be kicked off on 7th July, Vietnam News Agency (VNA) reported on Tuesday.
The project, approved by the Prime Minister under the public-private partnership model, will be located in the communes of Gio Quang, Gio Hai, and Gio Mai in Gio Linh district, covering an area of 265 hectares.
A joint venture between T and T Group and CIENCO 4, the project is expected to be completed and operational by July 2026.
It needs 24 months for preparation and construction. The total span of the project is 50 years, including 47 years and 2 months for operation and toll collection to recoup investment.
Upon completion, the airport will meet the standards of a Class 4C airport defined by the International Civil Aviation Organisation and a Level II military airport, capable of handling Code E aircraft and serving about 5 million passengers and 25,500 tonnes of car
go annually.
It will address the ever-growing demand for air travel, foster economic growth, and ensure high mobility for military operations and disaster relief efforts in the Central Region.
Source: Emirates News Agency
