Vietnam approves $150M airport project to expand access to beach resort town
Illustration of the civil aviation component of Phan Thiet Airport in central Vietnam. Photo by Binh Thuan
Vietnam has approved nearly VND3.8 trillion (US$150 million) to develop the civil aviation component of Phan Thiet Airport, aiming to significantly improve air access to the popular coastal tourism hub of Mui Ne.
Under the newly approved investment plan, the Lam Dong provincial government will seek a private investor through a competitive bidding process to build and operate the civil terminal and related infrastructure for 50 years. The investor must contribute at least 15% of the total capital, with the remainder raised from lawful financing sources.
The civil aviation zone will cover 74.6 hectares and is designed to handle ICAO Code 4E aircraft, including narrow-body jets such as the Airbus A321 and Boeing 737. By 2030, the airport is expected to serve around 2 million passengers annually, supporting domestic routes, limited non-scheduled international flights, and humanitarian or emergency operations.
Planned facilities include an apron with six aircraft parking stands, two connecting taxiways, a 45-meter air traffic control tower, an operations center, and modern lighting, navigation and meteorological systems. The passenger terminal will span 16,000–18,000 sq.m.
Total investment is estimated at VND3.797 trillion, with more than VND2.067 trillion allocated to construction and nearly VND830 billion for equipment. The remaining funds will cover project management, consultancy, and contingencies. Construction is expected to take 24 months from the date of investment approval.
Phan Thiet Airport is a dual-use military–civilian project first planned in 2013, covering more than 543 hectares in total. While military facilities overseen by the Ministry of National Defense have already been completed, the civil aviation portion has faced delays in the past due to changes in scale and investment structure.
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