Proposal of over 3,400 billion VND to build runway number 2 of Long Thanh airport

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Proposal of over 3,400 billion VND to build runway number 2 of Long Thanh airport

Investment news

26/08/2024

The construction of runway 2 and taxiway of Long Thanh airport project phase 2 is expected to have a total investment of more than 3,455 billion VND, completed in 2027.

Last week, the Airports Corporation of Vietnam (ACV) proposed to the Ministry of Transport to consider the pre-feasibility study report on the project to build runway No. 2 and level the ground of the T3 passenger terminal area of Long Thanh International Airport, Dong Nai Province.

The first item is to build a 4,000 m long runway No. 2 parallel to runway No. 1, a system of taxiways, connecting roads, signal lights, signs, flight management equipment and other works. The area to build runway No. 2 is within the investment scope of Long Thanh Airport phase 1, which is 1,810 hectares, and has been cleared.

The second item is to level the ground of the T3 passenger terminal area, with an area of about 181 hectares, with a total investment of VND 1,956 billion. The leveled area has been cleared, located within the airport phase 2 construction area, which is being managed by the Dong Nai Provincial People's Committee.

According to ACV, the Long Thanh airport project phase 1 is following the plan, the passenger terminal and runway number 1 can be put into operation in 2026. The project's capacity is 25 million passengers and 1.2 million tons of cargo per year, similar to some major domestic ports such as Noi Bai, Tan Son Nhat, Da Nang.

To ensure operational capacity, these airports need additional runways to avoid the entire airport being affected in the event of aircraft incidents, natural disasters, or runway maintenance.

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Overview of the Long Thanh airport terminal construction site at the end of June. Photo: Phuoc Tuan

In addition, due to the characteristics of red soil and fine clay dust in the Long Thanh area, when the airport phase 1 comes into operation, the construction of runway 2 and leveling of passenger terminal T3 will cause fine dust to spread, pollute the environment, and affect the airport's operations.

Therefore, ACV believes that considering the construction of runway 2 and leveling of terminal T3 is "extremely necessary and urgent to meet the requirements of exploitation, ensure safety and promote the effectiveness of the works invested in phase 1".

If this proposal is approved, two important items in the Long Thanh airport construction project phase 2 (2025-2030) will be pushed up for investment research from 2024, putting the project into operation from the first quarter of 2027.

Regarding capital sources, ACV leaders said that the construction of runway No. 2 will be invested by ACV, using the company's own capital. The project to level the ground for passenger terminal T3 will use public investment capital invested by the Ministry of Transport.

After reviewing more than half of the bidding packages of Long Thanh airport phase I that have been implemented, it shows that compared to the initial estimate, the investor is saving about 4,000 billion VND, which can be invested in the construction of runway No. 2.

In 2023, the Prime Minister assigned the Ministry of Transport to preside over the study of the implementation plan for phase 2 of the investment project to build Long Thanh international airport and the second runway to invest immediately after completing phase 1.

The Long Thanh port project is built on an area of 5,000 hectares in Long Thanh district, Dong Nai province. The airport has reached level 4F, aiming to become one of the regional aviation transit centers. The total estimated investment is about 16.06 billion USD, divided into 3 investment phases.

Of which, phase 1 will invest in building a runway and a passenger terminal along with auxiliary items with a capacity of 25 million passengers and 1.2 million tons of cargo per year. Phase 2 will build an additional runway and a passenger terminal to reach a capacity of 50 million passengers per year. Phase 3 will complete the project items to reach a capacity of 100 million passengers and 5 million tons of cargo per year.

Currently, at the construction site of the Long Thanh International Airport construction investment project phase 1, there are nearly 4,000 domestic and international engineers and workers with more than 2,000 construction machines. The bidding packages are being accelerated, with the airport expected to be put into operation in 2026.