Published: 00:00 Friday - March 11, 2011
The transport ministry has asked the Prime Minister to approve the construction of a new international airport in Long Thanh, Dong Nai Province.
The airport is expected to be put into operation by 2020 in order to reduce the overload at the HCM City-based Tan Son Nhat international airport.
Total investment capital for the first phase of the project is estimated at more than US$6.7 billion.
The ministry has proposed to mobilise investment capital for the project from the State budget, Government bonds, Official Development Assistance capital and from businesses.
Source: VNS
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