The Government proposed to approve the feasibility study of phase 2 of Long Thanh airport.

The Government has proposed to approve the feasibility study report for investment in phase 2 of Long Thanh airport earlier than expected.

Minister of Construction Tran Hong Minh presented a proposal to adjust the content of Resolution No. 94 of the National Assembly on the investment policy of Long Thanh airport. Photo: Quochoi.vn

On the morning of December 8, the National Assembly heard a report on the review of the adjustment of the content of Resolution No. 94/2015/QH13 of the National Assembly on the investment policy of Long Thanh International Airport (Long Thanh airport).

The total estimated investment for the entire project is 336,630 billion VND (equivalent to 16.03 billion USD, applying the unit price of 2014), of which phase 1 is 114,450 billion VND (equivalent to 5.45 billion USD).

The project is funded partly by the state budget, official development assistance (ODA), capital from equitization of state-owned enterprises in the aviation industry, corporate capital, investment capital in the form of public-private partnership (PPP) and other types of capital as prescribed by law.

Presenting the report, Minister of Construction Tran Hong Minh said that the Government proposed that the National Assembly consider and adjust the content in Clause 6, Article 2, Resolution No. 94/2015 on the investment policy of the Long Thanh airport project to allow the Government to approve the feasibility study report for phase 2 of the project under its authority without having to report to the National Assembly for approval.

At the same time, the Government proposed to include the above recommendation in the content of the Joint Resolution of the 10th Session.

The National Assembly's permission for the Government to organize the approval of the project's phase 2 feasibility study report under its authority without having to report to the National Assembly for approval will help the Government proactively organize research, appraisal, and approval of the phase 2 feasibility study report, in line with the policy of decentralization and delegation of power.

National Assembly session on the morning of December 8. Photo: Quochoi.vn

Minister Tran Hong Minh said that the initial feasibility study report for phase 1 of the project, based on forecasts of transportation demand, expected the time to study and invest in phase 2 (including the third runway and second passenger terminal) is from 2028 to 2032.

However, with the GDP growth scenario set to reach double digits from 2026, passenger throughput at airports in general, and Long Thanh airport in particular, will increase faster than previously forecast. Therefore, it is necessary to organize investment research phase 2 earlier than expected.

In addition, the research and investment in the third runway in phase 2 will take advantage of the available labor, machinery and equipment of the contractors currently constructing, thereby saving time, costs, shortening progress and improving construction investment efficiency.

At the same time, it contributes to minimizing impacts on port operations such as dust and noise caused by phase 2 construction activities.

According to the approved investment policy and planning, phase 2 of the project is expected to invest in 1 runway, 1 passenger terminal with a capacity of 25 million passengers/year and synchronous works to meet exploitation needs.

Based on the organization and investment form of the component projects of phase 1, the Government plans to assign ACV as the investor of essential works and other works of phase 2 (third runway, taxiway system, aircraft parking lot, passenger terminal...), VATM as the investor of works ensuring flight operations of phase 2 (DVOR/DME station, surveillance radar system, weather radar...).

Examining this content, Chairman of the Economic and Financial Committee Phan Van Mai said that the Government's proposal is well-founded and consistent with the policy of promoting decentralization and delegation of power, helping to simplify and shorten the time for preparing feasibility study reports and deciding on investment in important national projects.

Source: https://laodong.vn/thoi-su/chinh-phu-de-xuat-duoc-duyet-nghien-cuu-kha-thi-giai-doan-2-san-bay-long-thanh-1621823.ldo