Deputy Prime Minister Le Van Thanh has requested Long Thanh International Airport project to be accelerated so that its first phase could be completed in January 2025.
The acceleration of investment in transport infrastructure is the main driving force fueling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.
Minister of Transport Nguyen Van The has requested extra efforts to put the first phase of the Long Thanh International Airport project in the southern province of Dong Nai into operation in the fourth quarter of 2025.
The State-run Airports Corporation of Vietnam (ACV) has said it wants to borrow US dollars from local banks for the country's largest airport project, Long Thanh International Airport in southern Dong Nai province.
The People’s Committee of Dong Nai province has approved investment plans for four local roads, most of which are directly connected to Long Thanh International Airport - a driving force for investment and economic development in the southern region.
While new public-private partnership ventures and new legislation are in the gun barrel waiting for potential investors to join, possible concerns over risk protection are still in the way, possibly threatening the bankability of the country’s future transport plans.
Prime Minister Pham Minh Chinh has directed the Ministry of Transport to adopt the principle of “three don’ts” in addressing problems from project implementation: Don’t say “no”, Don’t say “difficult”, and Don’t say “yes” but then take no action.
Finnish Ambassador to Vietnam Kari Kahiluoto said investors from Finland want to invest in highways, thermal-power, energy, and waste treatment projects in the southern province of Dong Nai at a working session with the local authorities on April 22.
The People’s Committee of Ho Chi Minh City, in collaboration with the Consulate General of the Republic of Korea (RoK), for the first time organised a dialogue between city leaders and RoK enterprises on March 25 to help them deal with difficulties in investment and business.
Deputy Prime Minister Trinh Dinh Dung has urged the People’s Committee of the southern province of Dong Nai to quickly carry out four projects on land acquisition, compensation, site clearance, and development of resettlement zones for construction of Long Thanh International Airport.