Nearly $18 billion needed to develop the national airport system by 2030

December 31, 2021 - 07:24
According to a new master plan, the development of the country's airport network is expected to cost up to VNĐ400 trillion (US$17.4 billion) by 2030.
A corner of Tân Sơn Nhất International Airport in HCM City. — Photo courtesy of ACV

HÀ NỘI — An ambitious plan to invest billions of dollars into Việt Nam's airport system is one step closer to reality.

According to a new master plan, the development of the country's airport network is expected to cost up to VNĐ400 trillion (US$17.4 billion) by 2030.

A strategy was previously submitted to the Government in early November.

The Ministry of Transport has just submitted the revised plan to the Prime Minister for the development of the national airport system for the 2021-30 period.

Under the plan, the Ministry of Transport aims the total passenger capacity of the nation's airports will be about 276 million per year, with about 4.1 million tonnes of cargo by 2030.

The current capacity of airports is only 95 million passengers per year, compared with the planned target of 144 million passengers per year, reaching just 66 per cent.

Freight transport reached 1 million tonnes per year, compared with the target of 2.5 million tonnes of goods per year, reaching 40 per cent of the goal.

A leader of the Ministry of Transport said that priority would be given to investment in a number of large airports, which act as hubs in Hà Nội and HCM City such as Nội Bài, Tân Sơn Nhất and Long Thành, over the next 10 years.

Work will also be undertaken to gradually upgrade 22 existing airports and invest in six new airports to increase the total number of operating airports across the country to 28, with a total capacity of about 283 million passengers per year.

By 2050, there will be 31 airports across the country, including 14 international airports (Vân Đồn, Hải Phòng, Nội Bài, Thọ Xuân, Vinh, Phú Bài, Đà Nẵng, Chu Lai, Cam Ranh, Liên Khương, Long Thành, Tân Sơn Nhất, Cần Thơ and Phú Quốc).

There will also be 17 domestic airports, namely Lai Châu, Điện Biên, Sa Pa, Cao Bằng, Nà Sản, Cát Bi, Đồng Hới, Quảng Trị, Phù Cát, Tuy Hòa, Pleiku, Pleiku, Buôn Ma Thuột, Phan Thiết, Rạch Giá, Cà Mau, Côn Đảo and the second airport southeast of Hà Nội capital. This is an addition of two airports compared to the previous plan. 

It is calculated that the expected land use area of ​​the airport master plan to 2030 is about 20,378ha, requiring an additional land area of about 7,970ha.

The investment capital for the development of the airport system by 2030 is about VNĐ400 trillion, accounting for about 22 per cent of the investment capital of the whole industry.

The investment capital will be mobilised from the State budget, non-budget capital and other legal capital sources. By 2050, there will be two international air transport hubs of regional stature in Hà Nội and HCM City.

By the end of 2030, the country is to operate a network of 28 airports with Hà Nội and HCM City as two main transport hubs. By 2050, there will be 31 airports, including 14 international and 17 domestic airports.

Regarding investment, according to the Ministry of Transport, for investment planning projects after 2030, in case localities have investment needs to serve socio-economic development and mobilise financial resources, they can report to the Prime Minister for approval of investment.

Data from the Ministry of Transport shows that the country is currently exploiting 22 out of 23 planned airports. In which, there are nine international airports and 13 domestic airports.

The current system of 22 airports in Việt Nam has a reasonable distribution, ensuring that 86 per cent of the population can access airports within a radius of 100km, higher than the world average of 75 per cent and equivalent to countries with large coverage in the region and in the world. — VNS