Ho Chi Minh City’s Long Thanh Airport will start construction next month (Vietnam)

Airports Corporation of Vietnam (ACV) has announced that construction of the new Long Thanh International Airport will start in December 2020. The news comes after earlier reports said that construction would commence on 1st April 2021. The project is one of many in Asia (e.g. the Malaysia-Singapore Rapid Transit System) that are being fast tracked in order to generate an economic recovery after the Covid-19 pandemic. The new airport will eventually serve 100 million passengers per year travelling in and out of Ho Chi Minh City once it reaches full capacity in 2040.

The first phase of the project was approved by the Prime Minister of Vietnam on 11th November 2020. Phase One will bring the airport a capacity of 25 million passengers per year, one passenger terminal, and a 4km x 60m runway. Once Phase One is complete, the airport should commence operations in 2025. The budget for the first phase is approximately US$4.6 billion. All being well, travel use should return to pre Covid-19 levels by the time the new airport is in operation.

ACV have stated that 1,800 hectares of land needed for the first phase has already been acquired. A 60-month construction plan is in place.

Other developments in Vietnam

ACV also plans to continue with plans to add a third passenger terminal building at Tan Son Nhat International Airport in Ho Chi Minh City. They are also planning to expand capacity of the international terminal at Noi Bai International Airport in Hanoi.

Drop me a line at jon@archerrecruitment.com if you’d like to discuss this project in more detail.

Airports, Asia, Construction, Vietnam

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