Party Central Committee discusses Long Thanh international airport plan

Among the most significant adjustments is the reduction of investment for the project after more extensive calculations and review, using price listings of similar projects around the world.

Project investment has been reduced to 15.8 billion USD from 18.7 billion USD. The investment for phase 1 amounts to 5.2 billion USD. In terms of funding, the state budget will account for 11.1%, mostly used for land clearance. ODA will make up 26.5%, mainly used to invest in the airport’s flying area. Non-state funding will account for 62.4% for bankable categories such as terminals and other commercial buildings.