A series of private investors have applied for the right to operate the Noi Bai International Airport in the north and Phu Quoc Airport in the south, though they do not have deep knowledge about the business field.
Meanwhile, it is still unclear which requirements investors have to satisfy to get the concession to exploit the airports.
The Ministry of Transport, which also does not have experience in the field, has only offered the concession to exploit the two airports so far in a pilot program, before the concession is applied on a large scale.
An analyst noted that all investors can be sure they will make a profit, because the natural monopoly will bring clients to them.
Vietnam seeks private investors for new airport project
Vietnam’s biggest airport Tan Son Nhat is expected to exceed its capacity of 25 million passengers sometime after 2017. Photo: Dao Ngoc Thach
Vietnam will call for investment from local and foreign businesses during the construction of the terminals and warehouses of a new major airport in the southern province of Dong Nai, Deputy Minister of Transport Pham Quy Tieu said.
Other parts of the Long Thanh airport construction project, including site clearance and the construction of a main runway and parking lot, will be funded by the state because they won’t generate any profits, he said during an online seminar on the project on Friday.
http://www.thanhniennews.com/travel/vietnam-plans-to-expand-cam-ranh-airport-26730.html
The Vietnam Airlines Corporation is planning to expand Cam Ranh International Airport as the increasing popularity of the resort town of Nha Trang has nearly overloaded the airport.
Under the expansion project estimated at some VND4.5 trillion (US$211 million), the airport will get the second runway and a new terminal to increase its capacity to 2.6 million passengers per year