Oct 27, 2012

Vietnam - RoK investors keen on Van Don Airport project

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Investors from the Republic of Korea (RoK) have told leaders of the northern province of Quang Ninh of their interest in the Van Don International Airport project.

During a meeting on October 24, Chairman of the provincial People’s Committee Nguyen Van Doc noted that the Van Don Economic Zone, including the Van Don International Airport , is a priority in Vietnam ’s development plan.

He said this is a key project of the country, which will spur socio-economic development in the entire Northern region. He also promised that the province will create favourable conditions for investors to implement the project on schedule.

Dolien Han, President of Jionus Company affirmed the commitment implement the project in the most effective way, making Van Don Airport one of the best airports in Vietnam .

Representatives of Jionus Company also presented the investors’ plan to carry out the projects.

In October, Jionus, RoK Airports Corporation and Posco E&C have signed a contract to establish a joint-venture in Vietnam for the project, with each side’s minimum capital contribution of $80 million.

The investors are expected to complete all project documents to submit to relevant provincial and central agencies in November


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