Japan Joins Vietnam Airport Project

• 31 December 2015
• Local News
• 1391 Views

During a recent meeting between the Vietnam Ministry of Transport and its Japanese counterpart, Japan reportedly showed interest in joining the development of Vietnam’s Long Thanh International Airport.

The project will cost Vietnam $16 billion with construction being expected to begin by 2019 and expected to commence operations in 2023. Japan is the largest ODA source for Vietnam’s transportation projects, according to the deputy minister Nguyen Hong Truong, who revealed that the assistance capital from Japan since 1994 has amounted to $884.5 billion.

“We are much interested in the Long Thanh International Airport project. The Tan Son Nhat Airport is overloaded, and the presence of the Long Thanh airport will be a breakthrough for Vietnam to develop further,” the Japanese infrastructure and transportation minister Akihiro Ohta reportedly commented.

The mega airport project is expected to carry 100 million passengers and five million tonnes of cargo each year.