Tender relaunched for USD16 billion Airport PPP project in Vietnam

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Tender relaunched for USD16 billion Airport PPP project in Vietnam

The Airports Corporation of Vietnam (ACV) has relaunched the tender for the construction of the Long Thanh Airport passenger terminal in Vietnam. 

The first bidding process for the airport was cancelled in 2022 as applications did not meet the requirements. The project involves the design and construction of the terminal and the installation of equipment. The total estimated cost of the project is US$16 billion and will be undertaken in three phases:

  • phase 1 includes the runway and a passenger terminal able to process 25 million passengers a year;
  • phase 2 includes a second runway, along with another terminal to serve 50 million passengers a year; and
  • Phase 3 will expand the facility so the airport can serve 100 million passengers a year.

Additionally, there will be a 38 km light rail connection with Thu Thiem, east of Ho Chi Minh City and a rail connection with a future North-South high-speed line. The new airport will cover more than 5,580 ha in Dong Nai's Long Thanh district. It has a designed capacity of 100 million passengers per year and is expected to help ease overloading at Tan Son Nhat International Airport in HCMC. 

Last date to submit bids is March 28, 2023 and the ACV plans on selecting the contractor before May 2023. The new airport is set to open in 2025 and the second phase is scheduled for completion by 2050.

 

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