Vietnam clears project funding for new Ho Chi Minh City airport

Hanoi has signed off on funding of VND109b ($4.7b) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy PM Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. The first phase will run from 2020 to 2025, with the ultimate aim to produce one of the region’s major air hubs. Phase one involves the development of one 4,000m long runway, a passenger terminal, and other infrastructure that will be capable of handling 25m passengers or 1.2m tons of cargo annually. Phase two will see the development of a second runway and terminal. This will bring total capacity to 75m passengers and 2.7m tonnes of cargo annually. In the longer term, the airport will have a yearly capacity of 100m passengers and 5m tonnes of cargo.<br/>