Vietnam Needs US$3.44 Bln to Upgrade Noi Bai International Airport
Vietnam will need around VND56.8 trillion (US$3.44 billion) to upgrade Noi Bai International Airport, the New Hanoi reported, quoting the Northern Airport Authority’s plan.
Under the plan announced July 30, Noi Bai airport will cover 696.8 hectares in 2020. After 2020, the airport will be expanded towards the south with a new landing road and a new terminal in order to be able to handle 50 million passengers yearly.
From now to 2020, the country will have to pour VND13 trillion into the airport’s upgrade. Investment for the upgrade will be sourced from the state budget, the state-owned companies and private companies.
Deputy Prime Minister Hoang Trung Hai in May 2008 ratified the upgrade plan for the Noi Bai airport by 2020, under which the airport will have capacity of handling between 20 and 25 million passengers, and 260,000 tons of cargo yearly. (New Hanoi)
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