Vietnam considers Swedish loans to build largest airport

NOV 26, 2019 / 11:09 Nguyen Tung

The Hanoitimes – A Swedish state-owned entity proposed a commercial loan of over US$1 billion for the construction of Long Thanh airport, the would-be largest of its kind in Vietnam.

Vietnam is considering Sweden’s loans to build Long Thanh International Airport and develop the air traffic control activities, according to Deputy Minister of Planning and Investment Vu Dai Thang.

 Illustrative photo.

Long Thanh International Airport is in need of huge investment capital, for which financial support from other countries, including Vietnam’s development partners such as Sweden, is very important, said Thang at a conference held last week discussing the financial mechanism for Long Thanh airport. Tiếp tục đọc “Vietnam considers Swedish loans to build largest airport”

NA approves $1b for airport land clearance

vietnamnews Update: November, 25/2017 – 09:00

A model of the Long Thành International Airport. The National Assembly on Friday passed a Resolution on the feasibility report for land clearance, compensation and resettlement as a component of the mega project. – File Photo
Viet Nam News HÀ NỘI — The National Assembly (NA) on Friday approved a VNĐ23 trillion (roughly US$1 billion) budget for land clearance at the Long Thành International Airport.

The approval, which garnered the support of over 90 per cent of delegates, notched another milestone for the mega project first approved in June 2015. Tiếp tục đọc “NA approves $1b for airport land clearance”

Feasibility study to acquire land for Long Thành airport construction submitted

vietnamnews

Update: October, 16/2017 – 08:00

A model of Long Thành International Airport in the southern province of Đồng Nai. More than 15,000 residents will be affected by the airport project. — Photo baochinhphu
Viet Nam News HCM CITY — The Government has submitted to the National Assembly a feasibility study to acquire land for the construction of Long Thành international airport in the southern province of Đồng Nai and pay compensation to land owners.

The study, which was completed by the Ministry of Transport and assessed by the Ministry of Planning and Investment, calls for speeding up site clearance and compensation to ensure the project’s progress while ensuring legitimate interests of the affected households. Tiếp tục đọc “Feasibility study to acquire land for Long Thành airport construction submitted”

PM halts airport golf complex

vietnamnews

Update: June, 19/2017 – 09:42

Prime Minister Nguyễn Xuân Phúc has ordered the Ministry of National Defence to halt all construction work related to auxiliary infrastructure for a golf course in the vicinity of Tân Sơn Nhất International Airport, including a golf school, villas and luxury apartments. — Photo vnexpress.net

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has ordered the Ministry of National Defence to halt all construction work related to auxiliary infrastructure for a golf course in the vicinity of Tân Sơn Nhất International Airport, including a golf school, villas and luxury apartments. Tiếp tục đọc “PM halts airport golf complex”

NA discusses $16b Long Thành airport project

vietnamnews

Update: June, 02/2017 – 09:05

A model of Long Thành International Airport. The VNĐ336.7 trillion ($16 billion) Long Thành international airport project was approved by a majority of National Assembly deputies at the 13th National Assembly’s (NA) ninth session in 2015. — Photo Infonet.vn

They discussed land clearance, compensation and resettlement for the airport project after hearing a Government report on separating land clearance, compensation and resettlement tasks as a sub-project of the Long Thành airport project which was announced more than a decade ago. The seperation is expected to accelerate the progress. Tiếp tục đọc “NA discusses $16b Long Thành airport project”

Vietnam’s biggest airport project faces financial hurdle

By Mai Ha, Thanh Nien News

HO CHI MINH CITY – Sunday, November 01, 2015 09:35 Email Print

A rendering of Long Thanh Airport in the southern province of Dong Nai. File photo A rendering of Long Thanh Airport in the southern province of Dong Nai. File photo

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Soon after it was approved by legislators, the Long Thanh Airport project has faced its first hurdle: a possible lack of funding for site clearance.

Tiếp tục đọc “Vietnam’s biggest airport project faces financial hurdle”