Investing in the construction of Con Dao Airport with an approximate capacity of 2 million passengers per year.

The Government Office has just issued Document No. 5843/VPCP-CN dated August 16, 2024, conveying the opinion of Deputy Prime Minister Tran Hong Ha on the investment plan for Con Dao Airport.

The document states clearly: Considering the proposal of the Ministry of Transport regarding the investment plan for Con Dao Airport, Deputy Prime Minister Tran Hong Ha requested the Ministry of Transport to review the overall investment plan for Con Dao Airport to ensure comprehensiveness and effectiveness, avoiding scattered investment, and aligning with the project proposal on orienting the mobilization of social capital investment in airport infrastructure.

The Deputy Prime Minister directed that the overall investment plan should include proposals for attracting and implementing investment projects, clearly outlining the legal basis, scientific basis, and feasibility (in terms of investment progress, investment efficiency, conformity with scale and development orientation, and compliance with relevant plans). It should also address the aspects that adhere to the Government’s leadership’s instructions on attracting investment through the PPP model (calling for PPP investment in whole or in part? Reasons? Assessment of feasibility and implementation progress).

The Ministry of Transport is requested to coordinate and agree on the investment plan with the People’s Committee of Ba Ria-Vung Tau province and report to the Prime Minister before August 20, 2024.

Previously, the Prime Minister approved the adjustment of the overall planning for Con Dao until 2045, with a forecast of about 1-1.2 million tourist arrivals by 2030 and about 1.7-2 million by 2045.

Given this scale, the Ministry of Transport suggested that by 2030, it is necessary to study and invest in the construction of a new civil aviation area (passenger terminal, parking lot, and synchronous technical infrastructure) with a capacity of about 2 million passengers per year, with an estimated investment cost of about VND 2,100 billion.

The Ministry of Transport proposed that the Prime Minister direct the People’s Committee of Ba Ria-Vung Tau province to study and build an investment proposal for the civil aviation area under the Public-Private Partnership (PPP) model to promptly report to the Prime Minister for permission to implement and meet the local air transport needs.

Regarding the bay area constructions, after completing the investment, the Ministry of Transport will hand them over to the People’s Committee of Ba Ria-Vung Tau province for management and operation by investors according to the project contract.

Phuong Nhi

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