Illustrative image (Source: VNA)
The two parties agreed in a meeting on August 28 that the investment would support a construction project of a new terminal and expanding the aircraft’s parking space.
The new terminal, the airport’s second, will be constructed on a total area of 16,500sq.m. It will have two levels to facilitate arrivals and departures. The terminal will include a parking lot and a green park.
The expanded aircraft parking yard will accommodate eight planes at the same time.
ACV will cover the total cost of VND2.2 trillion (US$95 million) while local authorities will provide clear land for construction.
ACV official Le Xuan Tung said the process of terminal design and contractor selection is ongoing for work to commence by the second quarter of 2019.
According to Phan Ngoc Tho, Chairman of the provincial People’s Committee, site clearance will begin next month and clear land will be ready for the work in the first quarter of next year.
Construction work is expected to last 18 months.
Once completed, the expanded Phu Bai Airport will accommodate five million passengers a year, one fourth of which foreign visitors.
The airport is the only airline gateway for locals and visitors from Hue to reach Ha Noi, HCM City and Da Lat on daily flights operated by the national carrier Vietnam Airlines and budget carriers Jetstar Pacific and VietJetAir.