- Green Growth
- Your Consultant
|A mock up of the proposed airport.-Photo moitruongvadothi.vn|
The proposal includes investment sourced from the State budget and public-private partnerships (PPP), at a total cost of VND5.9 trillion (US$254.7 million), for the airport some 75km from the tourism hub.
Dang Xuan Phong, chairman of Lao Cai Province’s People’s Committee, hoped that the State budget would provide VND3.088 billion ($132.3 million) to build an airfield and road to the airport, while the provincial budget would offer VND910.6 billion ($39.3 million) for site clearance, resettlement and unexploded ordnance clearance.
Per the proposal, Vietnam Air Traffic Management Corporation would invest VND131 billion ($5.6 million) to build flight management works.
The province will also seek private investors to invest about VND1.8 trillion ($77.5 million) to construct a civil aviation area and fuel depots.
In the proposal, the provincial People’s Committee said early investment in the airport was necessary and in accordance with local planning.
According to the Lao Cai Province’s People’s Committee, Sa Pa airport will be built according to the International Civil Aviation Organisation (ICAO) standards with the designed capacity from 2.5 million to three million passengers per year.
The airport will be constructed with nine aircraft parking positions, and built in Cam Con Commune, Bao Yen District on an area of 371ha.
Chairman Dang Xuan Phong expected the PM would assign local authorities to decide on the investment.
“After being approved by the Prime Minister, Lao Cai Province’s People’s Committee will implement the project according to current regulations,” Phong said.
“The Ministry of Transport will be responsibility for State management of the project.”