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CAAV proposes developing six airports under PPP format

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HCMC – The Civil Aviation Authority of Vietnam (CAAV) has submitted a plan to the Ministry of Transport to mobilize resources for the development of aviation infrastructure, proposing developing six airports across the country under the public-private-partnership (PPP) model.

The six airports comprise Dong Hoi in the central province of Quang Binh, Rach Gia in the Mekong Delta province of Kien Giang, Ca Mau in the Mekong Delta province of the same name, Sa Pa in the northern mountainous province of Lao Cai, Lai Chau in the northern province of the same name and Quang Tri in the central province of Quang Tri, Sai Gon Giai Phong Online newspaper reported.

The investment under the PPP model will be piloted at the Dong Hoi airport project in the 2021-2025 period.

CAAV suggested applying the same model that was applied to the Van Don International Airport project in Quang Ninh Province, in which private investors will construct, manage and operate the airport under the PPP format with build-operate-transfer contracts.

Besides the six airport projects, private enterprises can invest in aviation service facilities at airports managed by the Airports Corporation of Vietnam.

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