Airport operator Airports Corporation of Vietnam (ACV) and local authorities in the central province of Thua Thien-Hue in Vietnam have agreed to invest US$95 million in the expansion and upgrade of Phu Bai International Airport.

The two parties agreed in a meeting on August 28 that the investment would go to the construction of a new terminal and expansion of the aircraft parking space, reported Vietnam News Agency.

The planned terminal, the airport’s second, will be constructed on a total area of 16,500 square meters and will have two levels to facilitate arrivals and departures. The new terminal will include a parking lot and a green park.

The expansion of the aircraft parking yard, meanwhile, will allow it to accommodate eight airplanes at the same time.

ACV will cover the total cost of construction and expansion, placed at VND2.2 trillion ($95 million), while local authorities will provide land for the construction site.

The company said the process of terminal design and contractor selection is ongoing, and development works will likely begin by the second quarter of 2019.

Site clearance will start next month and the cleared land will be ready for development in the first quarter of next year. Construction work is expected to last 18 months.

Once completed, the expanded Phu Bai airport can accommodate five million passengers a year, one-fourth of whom are expected to be foreign visitors.

The airport is the only airline gateway for locals and visitors from Hue to reach Hanoi, Ho Chi Minh City, and Da Lat on daily flights operated by national carrier Vietnam Airlines and budget carriers Jetstar Pacific and VietJetAir.

ACV manages and operates 21 airports in Vietnam, including eight international and 13 domestic airports. The company’s headquarters is in Tan Son Nhat International Airport, the busiest airport in the Southeast Asian country.

Photo: Pham hieu 94

You May Also Like

Subic Freeport Expressway open until Jan 15

From Dec 28 to January 15, 2021, the expanded section of the 8.2-kilometer Subic Freeport Expressway will be open from 6am to 6pm The…

NLEX Corp resumes toll fee collection with pledge to solve RFID issues

NLEX Corp.’s business permit is reactivated after it was suspended by the Valenzuela City government over issues with the cashless toll collection scheme With…

No toll on SMC, MPTC expressways during the holiday

San Miguel Corp. and Metro Pacific Tollways Corp. are waiving all toll fees on their expressways from 10 p.m. on December 24 to 6…

IRR of PH strategic goods law requires registration of LSPs

The Philippine government has finally released the implementing rules and regulations (IRR) of the Strategic Trade Management Act (STMA), which requires among others the…