All three projects have been awarded to Vietnam Airlines through a special investor selection process, tailored to meet the operational demands of Phase 1 at Long Thanh International Airport.
Vietnam Airlines Selected to Construct Second Cargo Terminal at Long Thanh Airport
The largest of the three projects is the “Investment in Construction and Operation of Cargo Terminal No. 2,” with an initial investment of approximately VND 4,384 billion. Spanning 14.6 hectares in the C-01 area of the airport, the terminal is designed to handle up to 550,000 tons of cargo annually.
The second project, “Investment in Construction and Operation of Express Cargo Terminal,” has an initial investment of around VND 203 billion. Covering 5.02 hectares in the C-02 area, it is expected to process 100,000 tons of cargo per year.
The third project, “Investment in Construction and Operation of Cargo Warehouses No. 5, 6, 7, and 8,” involves an initial investment of approximately VND 1,015 billion. With a total area of 15.3 hectares in the C-04 zone, these warehouses are designed to handle up to 650,000 tons of cargo annually. They can be integrated with Cargo Terminal No. 2 and the Express Cargo Terminal.
All three projects are scheduled for construction from 2025 to 2026, with operations extending from completion until December 31, 2050.
According to the Ministry of Construction, the selection of Vietnam Airlines as the investor was based on conclusions from the Politburo and the Government’s Standing Committee. This decision aims to address challenges arising from the COVID-19 pandemic, supporting the national airline’s recovery and sustainable growth.
Regarding investment efficiency, Vietnam Airlines has committed to contributing 0% of revenue (excluding VAT) to the state budget during the first five years of operation. From the sixth year onward, the minimum contribution will be 3% of revenue, with no additional increases.
The Civil Aviation Authority of Vietnam is tasked with organizing the subsequent procedures, ensuring compliance with the Law on Bidding and related decrees. The Ministry of Construction mandates that the Authority completes these projects safely, efficiently, and in alignment with other government-directed infrastructure.
– 11:33 08/10/2025
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