On November 14, continuing the 10th Session, the Minister of Construction submitted to the National Assembly the investment policy for the Gia Binh International Airport Construction Investment Project (HKQT).
Minister Tran Hong Minh said that this is a project that plays an important role in promoting new growth poles in the East of Hanoi; meeting the increasing demand for air transportation in the Northern key economic region; reducing the load, supporting the overloaded but unable to invest in expansion and capacity increase of Noi Bai International Airport.
This project is also one of the infrastructure projects selected for operation to serve the APEC 2027 Summit.
Gia Binh Airport is expected to be invested according to international standards, to become a smart, green, and sustainable airport; meeting the 5-star HKQT port service standard, in the top 10 5-star airports in the world according to Skytrax's criteria.
Minister of Construction Tran Hong Minh emphasized that the project has an investment scale of level 4F according to the standards of the International Civil Aviation Organization (ICAO); meeting the needs of exploiting about 30 million passengers/year and 1.6 million tons of cargo/year in the period up to 2030; about 50 million passengers/year and 2.5 million tons of cargo/year with a vision to 2050.

According to the Minister, consultants and flight management experts have followed 6 principles to pre-idesign the airspace and flight methods to ensure optimal, safe and efficient exploitation of the airspace.
The project is expected to have 2 pairs of parallel runways, each pair including 2 runways; the distance between the two pairs of runways is 1,800m to ensure independent take-off and landing capability, optimizing flight management and operation.
The length of the runways is 3,500-4.000m, meeting the exploitation capacity of all types of wide-body, long-range aircraft of the current new generation.
The project is expected to have a need to use about 1,884 hectares of land, affecting about 7,100 households (of which about 5,800 households are expected to be resettled) and 118 organizations.
The total investment capital for Gia Binh airport, according to the Government's report, is about 196,378 billion VND. Of which, phase 1 is about 141,236 billion VND, phase 2 is about 55,142 billion VND.
The project is invested with investor capital, including equity and legally mobilized capital.
Regarding progress, the Government plans to invest in the construction of necessary works in the 2025-2027 period to serve the APEC 2027 Summit.
In the 2026-2030 period, the construction of the remaining works of phase 1 will be completed to ensure synchronous operation and exploitation to meet the capacity of 30 million passengers/year and 1.6 million tons of goods/year.
In phase 2 (2031-2050), it is expected to complete the project items to meet the capacity of 50 million passengers/year and 2.5 million tons of goods/year.
The Government calculates the project's operation period to 70 years (from 2025 to 2095).