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Tuesday, December 6, 2022

Nearly 70% of capital for site clearance for Long Thanh airport disbursed

The Saigon Times

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HCMC – As of the end of June, Dong Nai Province has disbursed more than VND15.6 trillion, or nearly 70% of the total allocated for the site clearance, compensation and resettlement project for the Long Thanh International Airport project.

According to the provincial Department of Planning and Investment, the capital was used to compensate households affected by the big-ticket airport project and fund a resettlement area, Vietnamplus news site reported.

The prime minister approved the site clearance, compensation and resettlement project for the Long Thanh International Airport project in late 2018 at a total cost of over VND22.8 trillion. The capital, sourced from the Government bond sales, has been allocated sufficiently for the project.

Of the total, nearly VND18 trillion was planned to fund the site clearance and compensation work, and over VND4 trillion to build the resettlement area.

The remaining capital would be spent on the rebuilding of infrastructure outside the airport project’s boundary, vocational training courses for local residents affected by the project and the feasibility study for the project.

The deadline to disburse the capital for the site clearance, compensation and resettlement project has expired, so the Dong Nai government has proposed continuing to use the allocated capital to conduct the project this year.

The project requires some 5,000 hectares of land.

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