Construction has started on the first phase of Long Thành International Airport in Đồng Nai province, Vietnam.
The new airport will be located near Ho Chi Minh (HCM) City and covers more than 5,580ha of total area.
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The milestone follows after the Government of Vietnam approved the first phase of Long Thành International Airport in November 2020.
Under a statement on the website of the Vietnamese Government, phase one of the construction will need an investment of around $4.66bn.
Long Thành International Airport will feature a 4km runway, a terminal, and associated services. It will be capable of serving 25 million passengers and handling 1.2 million tonnes of cargo on an annual basis.
The airport is expected to start operating from 2025.
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By GlobalDataA statement by Prime Minister Nguyen Xuan Phuc was quoted by Reuters as saying: “The construction of the airport is an important step to boost public investment and reduce the adverse impact of the Covid-19 pandemic on the economy.”
The government stated that the construction of the entire project, which is divided into three stages, will cost around $16bn.
The new airport is also expected to cut down the pressure from Tân Sơn Nhất International Airport in HCM City, which will operate as a domestic airport.
