The first phase of Long Thanh International Airport is currently in its final stages of construction. Photo: VGP
Recently, Donacoop Infrastructure Investment JSC and VinaCapital Group sent a document to the People’s Council and People’s Committee of Dong Nai province regarding the preparation of a proposal for the investment policy of the project connecting Ho Chi Minh City’s Metro Line 1 to Long Thanh International Airport (a key national project with a total investment of over USD 16 billion). The project aims to develop a smart urban transit-oriented development (TOD) model.
The consortium stated that in June, the People’s Committee of Dong Nai province expressed support for the study of the project to extend Metro Line 1 (Ben Thanh – Suoi Tien) to the province’s new administrative center, as well as branching into the old inner city of Bien Hoa and connecting to Long Thanh International Airport. Subsequently, the investors worked with relevant departments to survey the current status of the route, the orientation, and the land fund expected to develop the TOD model, and to research the implementation steps.
In addition, the consortium is in the process of negotiating with domestic and foreign consulting units that have experience and high technical expertise in researching, designing, and developing metro systems.
Therefore, the consortium proposed to the People’s Committee of Dong Nai province to allow their participation in preparing and submitting the investment policy proposal for the project and developing the smart urban TOD model. The project is also proposed to be implemented through a public-private partnership (PPP) in the form of a build-transfer (BT) contract.
Metro project with a total investment of approximately VND 65,000 billion
Ho Chi Minh City’s Metro Line 1 (Ben Thanh – Suoi Tien) is currently being studied for extension to Long Thanh International Airport. Photo: T.T.D
According to the consortium, in terms of scale, the proposed project will have an estimated total length of approximately 38.5 km, consisting of 3 sections. The first section, from S0 station to the province’s new administrative center, is about 6.5 km long. The second section, from the new administrative center to Long Thanh International Airport, is about 27 km long. Additionally, the third section, from the new administrative center to the central axis of Bien Hoa city at Thong Nhat ward, is about 5 km long.
The total estimated investment for the project is approximately VND 65,000 billion (excluding site clearance compensation costs) and will be fully funded by the consortium and its partners’ private capital.
The construction and completion of the Ho Chi Minh City Metro Line 1 project connecting to Long Thanh International Airport is expected to take 4-6 years from the date of site handover.
Donacoop Group is a diversified company with a focus on urban development, infrastructure construction, agriculture, animal husbandry, and mineral exploitation in Dong Nai province. The group has implemented numerous large-scale projects such as the Long Hung Urban Area and Vinh Hang Park…
Meanwhile, VinaCapital is currently one of the leading investment and asset management groups in Vietnam, with a diverse range of investment projects. In fact, the group manages open-end funds, ETFs, trust accounts, and domestic investment funds for domestic and foreign investors.
Long Thanh International Airport may join the club of airports serving 100 million passengers
Perspective of Long Thanh International Airport. Photo: ACV
The Long Thanh International Airport project spans an area of 5,000 hectares with a total estimated investment of over USD 16 billion. Upon completion, it will be the largest airport in Vietnam. The first phase of the airport is expected to be operational by 2026, serving 25 million passengers and 1.2 million tons of cargo annually.
Recently, according to the report “The Rise of Mega-Hub Airports” by OAG, an organization specializing in tourism, aviation monitoring, and statistics, Long Thanh International Airport is very likely to join the club of airports serving 100 million passengers in the next decade.
OAG predicts that several large-scale airport projects under construction in Asia are likely to join the club of airports serving 100 million passengers in the coming decade. This group includes Terminal 5 of Changi Airport (Singapore), Hong Kong International Airport, Suvarnabhumi Airport (Thailand), Incheon Airport (South Korea), the new Manila Airport (Philippines), and Long Thanh Airport (Vietnam)
Assessing the Impact: Redirecting International Flights from Tan Son Nhat to Long Thanh Airport
The Ministry of Construction has issued a directive to the Vietnam Aviation Authority, urging them to engage with airlines and conduct a thorough investigation into the proposal of redirecting all international flights from Tan Son Nhat to Long Thanh Airport. The directive emphasizes the importance of evaluating the impact of this proposal and requests a formal report on the operational plan by September.
“The Grand Vision: Connecting Dong Xoai to the Metropolitan Area with a $22.6 Billion Highway Project”
The proposed connection line from Dong Xoai to Ho Chi Minh City’s Ring Road 4 by Dai Quang Minh is expected to bring about a significant infrastructure breakthrough and shorten the distance by approximately 13 kilometers. The initial estimated investment for the first phase of the project is over VND 22.6 trillion.
Two Scenarios for Optimizing Operations at Long Thanh and Tan Son Nhat Airports from 2026 Onwards
The ACV has proposed two options for operations: transferring all international flights to Long Thanh once the new airport is operational, or retaining short-haul flights at Tan Son Nhat.
Constructing an Elevated Road Along National Highway 51: Two Proposals with an Estimated Capital Expenditure of VND 16,000 Billion
The investor consortium proposing the project has put forward two financial options for the implementation of the elevated road project along National Highway 51 in Dong Nai.
Transfer of All International Flights from Tan Son Nhat to Long Thanh Airport Proposed
“The proposal put forward by ACV suggests that all international flights be relocated from Tan Son Nhat to Long Thanh when the latter is officially operational. This strategic move aims to optimize the utilization of aviation infrastructure and enhance Vietnam’s standing in the global aviation industry.”
