The visual model of the Quảng Trị Airport. — Photo vietnamfinance.vn

QUẢNG TRỊ — The Quảng Trị Airport Project, with an initial outlay of VNĐ5.8 trillion (US$227 million), will be kicked off on 7 July by a joint venture between T&T Group and CIENCO 4.

The project, approved by the Prime Minister under the public-private partnership model, will be located in the communes of Gio Quang, Gio Hải, and Gio Mai in Gio Linh District, covering an area of 265 ha.

The project is expected to take 50 years to complete, including 24 months for preparation and construction and 47 years and 2 months for operation and toll collection to recoup investment.

Upon completion, the airport will meet the standards of a Class 4C airport defined by the International Civil Aviation Organisation and a Level II military airport, capable of handling Code E aircraft and serving about 5 million passengers and 25,500 tonnes of cargo annually.

It will address the ever-growing demand for air travel, foster economic growth, and ensure high mobility for military operations and disaster relief efforts in the Central Region.

The project is expected to be completed and operational by July 2026. — VNS