ACV to invest $528 million in upgrading three airports

19.07.2017

Airports Corporation of Vietnam (ACV) yesterday said that it would invest nearly VND12 trillion (US$528 million) in upgrading three airports namely Cat Bi in Hai Phong city, Phu Bai in Hue city and Chu Lai in Quang Nam province.

The upgrading will be conducted in the phase from now until 2025.

Of these, Cat Bi International Airport will complete a system of parallel taxiways with the total capital of VND900 billion ($40 million).

In addition, the company will build new runways in 2018 and terminals and hangars with the capacity of four million passengers a year, which is able to expand to six million, with the total funds of VND2.7 trillion.

In 2017-2018, ACV is expected to invest VND165 billion in Chu Lai International Airport to raise terminal capacity to 1.5-1.8 million passengers a year. In the following phase from 2018-2021, the company plans to spend an extra of VND5.5 trillion to build new runways, terminals and aprons with the capacity of five million passengers a year.

About VND2,650 billion will be spent on Phu Bai International Airport to increase terminal capacity to four million passengers a year, construct parallel taxiways and three new aprons and purchase new equipment and devices to improve flight management ability to 20 flights an hour.

Source: Vietnam.net

Photo: ACV