- Green Growth
- Your Consultant
ACV awaits the prime minister's approval for the third terminal of Tan Son Nhat International Airport
ACV has submitted a document to the Ministry of Transport (MoT) proposing the prime minister to approve the investment planning for Tan Son Nhat’s third terminal.
Accordingly, the third terminal, which covers an area of 100,000 square metres, will handle 20 million passengers per year. The project will have a total investment capital of VND11.65 trillion ($506.5 million), invested by ACV and will be recouped within 23 years.
Previously, the MoT proposed the government to assign ACV to develop Terminal 3 first in 2018-2020 with the annual capacity of 20 million passengers on the area handed over by the Ministry of Defence. ACV will also develop two components, which, according to assessments, will not be able to make profit but must be built. They include a water reservoir and pump station in 2018-2019, and runways, take-off, and landing ways (25R/07L) in 2019-2020.
The total cost of these components to be implemented by ACV is around VND13-15 trillion ($565.2-652.1 million) out of the total VND25 trillion ($1.08 billion) investment capital for Tan Son Nhat International Airport by 2030.
In 2017, the airport handled 36 million passengers, which is way more than its designed capacity of 25 million.
After the expansion, Tan Son Nhat Airport will meet the International Civil Aviation Organization’s 4E standards and can handle 50 million passengers per year and 0.8-1 million tonnes of cargo per year.
ACV this year focuses on feasibility studies for Long Thanh (Dong Nai), Vinh (Nghe An), and Phu Bai (Thua Thien-Hue) airports.
In addition, most recently, ACV released that it will focus on accelerating investment in key projects at Cat Bi International Airport (Haiphong) with a total investment capital of about VND4 trillion ($173.9 million).
These projects include passenger terminal T2, a parking lot in front of the new terminal, and a cargo terminal, as well as a number of projects to renovate and expand existing aircraft parking areas.
For the T2 construction project, ACV completed the selection of consultancy contractors for the feasibility study (FS). The winning contractors are preparing architectural plans for the passenger terminal, the FS, and basic designs.
The terminal will have a capacity of five million passengers per year and will be able to expand to 10 million passengers per year. The auxiliary works for the terminal include a synchronous infrastructure system and traffic system to connect it to terminal T1. The total investment is around VND1.6 trillion ($69.5 million) (excluding land clearance costs) and construction is scheduled to be completed by the fourth quarter of 2020.