New terminal for Da Nang airport needs USD147.4M

May 15, 2015 11:40 am 

HA NOI, May 14 — An estimated VND3.2 trillion (USD147.4 million) is needed to build a new terminal at Da Nang International Airport in Da Nang central city.

As proposed by the Airports Corporation of Viet Nam (ACV), the project will be developed by a group of investors.

The transport ministry on Tuesday accepted the ACV's proposal to set up a joint stock company to build the terminal. It comprises the ACV, which will contribute 10 percent of the total investment capital, Thang Long Air Services Corporation, AOV Investment Corporation, and Ha Noi Construction Corporation.

The construction of the terminal is scheduled to start in January next year at the latest and is expected to be completed by June 2017.

Spread across 40,000sq.m., the new terminal is expected to serve 2.3 million international visitors to Da Nang by 2022 and four million passengers by 2030.

The new terminal will come up next to the existing terminal. It will be developed on a build-operate-transfer basis.

The investors proposed the terminal's construction after the ministry called upon organizations and individuals to invest in the infrastructures of railways, airports, and roads.

Transport Minister Dinh La Thang said at a meeting held on Tuesday that it is essential to build the new terminal to meet the rapidly increasing number of passengers to Da Nang, particularly since the opening of more air routes to Da Nang.

Director General of the ACV Le Manh Hung noted that the existing terminal at Da Nang airport was designed to handle a maximum of 6 million passengers per year. However, as of 2014, it was serving 5 million passengers per year.

With 14.5 percent annual growth rate of passengers, the terminal will be overloaded this year, he said.

The ACV had plans to increase the capacity of the existing terminal to eight million passengers per year, but that could have met passenger rush only for the next three years and would again become overloaded, he added.

The existing terminal at Da Nang International Airport was built on 14,400sq.m. The four-storey terminal, constructed on an investment capital of more than VND1.3 trillion (over USD59 million), became operational in 2010, with the capacity to handle four million passengers annually. (PNA/VNS)

FFC/CDN

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