Aug 14, 2011

Vietnam - Japanese investor interested in Noi Bai Airport’s terminal


Japan’s Sojitz Corporation is showing interest in helping to build the second terminal of Hanoi’s Noi Bai International Airport, the Civil Aviation Administration of Vietnam (CAAV) said.

CAAV confirmed Sojitz’s keen interest in the T2 terminal after a meeting between the agency’s deputy director general Dinh Viet Thang and representatives of the Japanese company last week.

CAAV said Sojitz started to look for opportunities in airport development in Vietnam such as supplying equipment to Noi Bai International Airport after the corporation worked with the local aviation authority over appropriate policies for air transportation in Vietnam in 2007.

Thang said that the T2 terminal was now in the process of bidding review and preparations were going on toward the construction of this project. However, he did not say when construction would get off the ground.

Deputy Prime Minister Hoang Trung Hai told relevant agencies at a meeting in Hanoi last month to speed up preparations for the T2 terminal so that the facility would be put into use in 2014.

The T2 terminal was designed to have four stories and to handle 10 million passengers a year in the first phase and 15 millions passengers afterward. This is one of the major infrastructure projects underway in Hanoi to support the country’s socio-economic development.

Earlier this month, construction began on a 12-km-long, six-lane road linking Noi Bai International Airport and Nhat Tan Bridge, and the distance between central Hanoi to the airport will be halved to 15 km when it is opened to traffic by 2014.

The road project has an investment capital of VND5 trillion ($245 million) funded by official development assistance (ODA) from the Japanese Government as well counter capital from the Vietnamese side.
TBKTSG
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