Jun 4, 2015

Vietnam’s Airport privatization

The private sector of Vietnam’s Ministry of Transport is awaiting the Politburo’s approval for the allowance to operate Phu Quoc international Airport, which is located in Kien Giang province.

According to Mr. Dinh La Thang, the Transport Minister, 2 plans about the management of the operations of the airport apart from the supervision of military facilities and flight control.

A detailed plan will be drawn up in order to give Phu Quoc international airport the operational rights right after it gets the approval from the Politburo. This would allow it to attract private investors.

In the beginning of this year, the ministry revealed a plan to give the E hall of Noi Bai International Airport in Hanoi the operational rights before Phu Quoc airport was added to the plan.

If approved, the plan is hoped to be able to raise funds for the other infrastructure projects such as Long Thanh International Airport which costs multi billion dollars in Dong Nai province.

Phu Quoc International Airport, which cost USD 190 million, was put into operation in 2012.


Post a Comment

Related Posts Plugin for WordPress, Blogger...