Politburo Member, National Assembly Chairman Tran Thanh Man signed and promulgated a Resolution on the investment policy for the Gia Binh International Airport Construction Investment Project.
The Resolution states that the investment in building Gia Binh International Airport according to international standards, becoming a smart, green, sustainable, and international-class new generation airport.
The project is built to meet 5-star international airport service standards, belonging to the top 10 leading 5-star airports in the world.
The construction of the project also aims to be the aviation gateway of the North, an airport for passenger and cargo transfer, and a facility for maintenance, repair, and overhaul of aircraft in the Asia-Pacific region.
Project scale: Level 4F (according to the standards of the International Civil Aviation Organization - ICAO); meeting the operating needs of about 30 million passengers/year and 1.6 million tons of cargo/year by 2030.
In the period up to 2050, about 50 million passengers/year and 2.5 million tons of goods/year.
The area is about 1,884.93 ha, of which about 922.25 ha is wet rice land from 2 crops or more; land recovery is carried out once according to the planning scale and land use purpose is changed according to the provisions of law.
Total investment capital and capital sources: the total investment capital of the Project is about 196,378 billion VND; in which the owner's equity of the investor must ensure no less than 15% of the total investment capital of the Project.
The expected project implementation progress is divided into 2 phases. In which, phase 1 (from 2025 - 2030):
Phase 1.1 (from 2025 - 2027) completes the construction of necessary works to serve the APEC Summit in 2027.
Phase 1.2 (from 2026 - 2030) to complete the construction of the remaining works of phase 1 to ensure synchronous operation and exploitation to meet the capacity of 30 million passengers/year and 1.6 million tons of goods/year;
Phase 2 (from 2031 - 2050):
Complete construction of works to meet a capacity of 50 million passengers/year and 2.5 million tons of goods/year.
Operating term of the Project: 70 years.
