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Vietnam's parliament agrees to construct int'l air hub in south

Xinhua, June 25, 2015 Adjust font size:

Vietnamese parliament on Thursday passed a resolution on investment policy to construct a major air hub, Long Thanh international airport in the south.

The resolution received 86.64 percent of approval from deputies (428 out of 461 deputies) at the ongoing meeting of the National Assembly (NA) of Vietnam in capital Hanoi, according to NA's online report on Thursday.

According to the resolution, the Long Thanh international airport, which is designed to locate in the country's southern Dong Nai province, will be among the major national airports and international air hubs in the region.

The airport can receive 100 million passengers and five million tons of cargos every year. The total investment of the project is estimated at 336.630 trillion Vietnamese dong (around 16.03 billion U.S. dollars following calculation price in 2014), said the resolution.

Investment for the project will come from state budget, capital from equalization of state-owned aviation enterprises, official development assistance (ODA), and public-private partnership, among other sources.

The construction of Long Thanh international airport is said to aim at sharing the burden for the Tan Son Nhat international airport in the country's southern economic hub Ho Chi Minh City. The Tan Son Nhat international airport is forecast to reach its designed capacity of 25 million passengers per year and to be overloaded in 2017.

Long Thanh international airport will be located in Vietnam's southern Dong Nai province, some 40 km northeast of Ho Chi Minh City. Endi