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|Phu Yen proposes Ministry of Transport to greenlight private involvement in Tuy Hoa Airport’s planning|
The province received proposals from IPPG, Vietjet, and Vietstar Airline to finance the building of the detailed planning of Tuy Hoa Airport. Once this planning is approved, these companies will draw up the planning and submit it to the state agencies.
Phu Yen People’s Committee asked the Department of Transport to select the sponsor and assign the Civil Aviation Administration of Vietnam (CAAV) to receive the funds and build the planning.
Earlier in August 2020, the Ministry of Transport responded to the proposals of Phu Yen and Khanh Hoa to upgrade the airport. Accordingly, the CAAV was to build the planning from the state budget.
However, due to the impact of COVID-19, the government assigned the Ministry of Finance to prioritise state budget allocations for the prevention of the pandemic. As a result, the Ministry of Transport had yet to approve any proposal. The ministry planned to allocate funds from the 2021 state budget for the project.
The ministry noted that in case Phu Yen People’s Committee can arrange the legal expenditure to build the planning, the ministry would approve it and assign CAAV and relevant authorities to support this work.
After the planning is built and approved, the ministry will assign relevant authorities to implement the upgrade of the airport.
Tuy Hoa is a level 4C airport and level 1 military airport, with a capacity of 100,000 passengers and 1,000 tonnes of cargo per year. By 2025, the airport will accommodate 300,000 passengers and 2,000 tonnes of cargo per year.