From a barren and arid land, the Chu Lai Open Economic Zone in the central province of Quang Nam has made itself a fertile area for industrial development, according to Prime Minister Nguyen Xuan Phuc.
Both state-owned and private businesses are eyeing aviation infrastructure projects, which are believed to bring high profits thanks to increasingly high travel demand.
Several airlines have announced cancellation of flights to and from airports in the central coastal region on September 14 and 15 out of concern for safety as Storm Doksuri, the strongest storm to hit Vietnam in many years, is approaching the central coast.
Local budget carrier Vietjet is seeking Ministry of Transport approval to invest VND20 trillion (US$896.8 million) to upgrade Chu Lai airport in the central province of Quang Nam into a transit airport for local and international flights.
Vietnam’s Thien Tan Group is negotiating with the US-based Global Universal Inc to form a joint venture to invest in the Chu Lai airport expansion project in the central province of Quang Nam.