- Area Long Thanh District, Dong Nai Province
- Expected Start of Construction 2017
- Anticipated Completion 2035
- Determined Investment $18.7bn
- Passenger Capacity 100 million people a year
Vietnam's nationwide Assembly's financial Committee authorized the building of this longer Thanh airport terminal (LTIA) in October 2014. The latest airport is recommended to-be built in longer Thanh, Dong Nai Province, based in Southern Vietnam, approximately 45km north-east of Ho Chi Minh City.
The airport is going to be built on 5, 000ha of land and you will be designed to have an annual ability of more than 100 million people. It should be capable of handling huge and contemporary plane including A380 and five million tonnes of cargo annually. The building is planned to start out in 2017 and it is anticipated to be totally finished by 2035.
Around 10, 000 people from the six communes of Long Thanh province are going to be displaced when it comes to construction.
The proposed airport has got the potential to be a major transportation hub and an important entry point to Indochina area in south-east Asia and surrounding ASEAN nations. Its being marketed as 'Vietnam's international Gateway City' because of the Vietnamese Government.
Long Thanh airport terminal value and financing
The Economic Committee proposed the new airport at Dong Nai to help ease pressure in the Tan Son Nhat airport terminal situated in Ho Chi Minh City.
The newest airport is anticipated to provide 90per cent of intercontinental and 20per cent of domestic routes of Vietnam, reducing overburden from the Tan Son Nhat International Airport.
"The proposed airport has got the possible to become a major transportation hub and an important entry way to Indochina region in south-east Asia and surrounding ASEAN countries."
The total financial investment on the brand new airport is projected to-be $18.7bn. The project may be developed in three phases. The initial stage will cost the federal government roughly $7.8bn, whereas the 2nd and 3rd stages are estimated to price $3.8bn and $7bn respectively.
The Airports Corporation of Vietnam (ACV) will spend $235.34m in the project. The government will borrow $2.25bn of formal development assistance (ODA) loans the first stage. Federal government money and ODA loans should be familiar with build the airport infrastructure, while personal money would be used to develop the passenger terminal.
The master arrange for new airport was made by ADPi on the part of JAC (Japan Airports Consultants). ADPi is also accountable for architectural principles the four main structures for the very first period, consisting of the passenger terminal building, air traffic control tower, plane relief and firefighting station, together with airport expert workplaces.