New movement in Phu Quoc Airport Upgrade Project with capital of 22,000 billion VND

Perspective of Phu Quoc International Airport Expansion Investment Project.

The Chairman of the People's Committee of An Giang province has just signed a decision on handing over the intact status of aviation infrastructure assets at Phu Quoc International Airport to Sun Airport Joint Stock Company.

Accordingly, the transfer of the aviation infrastructure assets at Phu Quoc International Airport invested and managed by the State from the People's Committee of An Giang province to Sun Airport Joint Stock Company for receipt, management and exploitation will be carried out in the form of transferring assets with the return of the asset value to the State at the original price of VND 1,937.48 billion, the remaining value according to the accounting books is VND 1,037.54 billion.

This asset includes the following items: runway; taxiway; service road; works serving aviation security and airport emergency; flight operation equipment system; and other aviation infrastructure assets that will be assigned to the investor to implement the Phu Quoc International Airport expansion investment project.

Sun Airport Joint Stock Company is responsible for paying the remaining asset value according to accounting books of VND 1,037.54 billion to the state budget of An Giang province, within 10 days from the effective date of this decision.

Sun Airport Joint Stock Company also commits to return the entire value of the assets to the state budget after the approval decision of the People's Committee of An Giang province has a value higher than the value already paid, the investor is responsible for continuing to fully return it to the state budget.

After fully returning the above-mentioned asset value, if there is a conclusion or request from a competent state agency (Auditing, checking, inspecting, etc.) announcing that the returned asset value is higher than the paid value, the investor is responsible for paying the difference to the state budget.

In addition, Sun Airport Joint Stock Company is also responsible for managing, handling, maintaining, operating and exploiting assets at Phu Quoc International Airport from the time it is qualified to operate Phu Quoc International Airport according to the provisions of aviation law and related laws.

Previously, Sun Airport Joint Stock Company was approved to invest in the Phu Quoc International Airport expansion project, with a total capital of nearly VND22,000 billion.

The project marks a leap forward in aviation technology, as for the first time in Vietnam, many of the world's leading advanced operating technologies will be applied synchronously.

The Phu Quoc International Airport expansion project was designed and advised by CPG Consultants and Artelia Airport, the world's leading airport design firms based in Singapore and France.

The investor aims to complete the Phu Quoc International Airport Expansion Investment Project before APEC 2027 and bring a world-class, seamless and smart experience, contributing to raising the status of Phu Quoc as a destination.

Source: https://baodautu.vn/chuyen-dong-moi-tai-du-an-nang-doi-san-bay-phu-quoc-von-22000-ty-dong-d402599.html