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Friday,  Nov 24,2017,03:32 (GMT+7)

Dong Nai orders halt to residential projects around Long Thanh airport

The Saigon Times Daily
Friday,  Aug 18,2017,21:48 (GMT+7)
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Dong Nai orders halt to residential projects around Long Thanh airport

The Saigon Times Daily

HCMC – The government of Dong Nai Province has asked Long Thanh and Nhon Trach districts to maintain the status quo, suspend the licensing of new residential projects, and stop approving transactions of land around the Long Thanh International Airport.

The province’s vice chairman Tran Van Vinh said at a meeting with departments and local authorities on August 17 that the move is to wait for a master plan for the vicinity of the airport, Tuoi Tre newspaper reports.

Long Thanh District and relevant departments and agencies are told to make public all zoning plans for areas around the airport. As such, local residents are kept updated, and the rampant transfer of land around the area cannot occur.

A representative of the provincial Department of Natural Resources and Environment said the local government is striving to finish a feasibility study for a sub-project for site clearance, compensation and resettlement for submission of the report to the central Government later this month.

The document includes 11 chapters such as the construction of resettlement infrastructure, rehabilitation of social infrastructure, land acquisition, compensation cost, vocational training, job creation, administrative boundary adjustment, environmental impact assessment, funding, and capital mechanism.

A host of property speculators have acquired agricultural land around the airport, and then sold it to earn profits. This may disrupt the master plan, and make land prices rocket, according to the department.

Around 40 kilometers from HCMC and 30 kilometers from Bien Hoa City, the long-expected airport would meet 4F standards of the International Civil Aviation Organization.

Phase one of the project is scheduled to get off the ground in 2019, with one runway and one terminal to be put into operation by 2025 to handle 25 million passengers and 1.2 million tons of cargo a year.

One more runway and terminal would be built in the second phase to increase the airport’s annual capacity to 50 million passengers and 1.5 million tons of cargo. The airport would handle 100 million passengers and five million tons a year after phase three is complete.

More than VND336.76 trillion (US$14.8 billion) will be needed for the project, including nearly US$5.5 billion for the first phase. The funding will be sourced from the State budget, official development assistance loans, investment of enterprises, proceeds from equitization of State-owned enterprises and other sources.

 

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