Top U.S. Constructor Eyes Stake in Vietnam’s Mega Airport

Tuan Minh

14:15 13/12/2016

BizLIVE - U.S.-based Bechtel Group has shown interest in taking part in the construction of Vietnam’s would-be largest airport.

Top U.S. Constructor Eyes Stake in Vietnam’s Mega Airport

A design of Long Thanh airport. Photo: Baodautu.vn

San Francisco-headquarters Bechtel Group, among the top construction and civil engineering companies in the U.S., has made a fact-finding trip to the site in the southern province of Dong Nai where Long Thanh International Airport will be built.
At a meeting with the local government on December 12, the U.S. firm asked for information on investment, construction, operation of the airport and development of the economic zone surrounding it, the Vietnam News Agency reported.
Bechtel has been the latest foreign firm to express interest in participating in the multi-billion-USD airport, which is meant to meet the blooming demand for air travel in Vietnam. SAAB Group, a Sweden-headquartered aerospace and defense company, in October showed its hope to provide security and air traffic solutions to the airport when it becomes operational.
Bechtel’s business scope embrace infrastructure, defense and security, environmental cleanup and management, mining and metals, oil, gas & chemicals, power, and telecommunications.
State-owned Airports Corporation of Vietnam (ACV), the investor of the airport, has launched nine designs of the facility for public opinions.
According to the Ministry of Transport, the mega airport has an estimated cost of over $16 billion and is divided into three phases. The first phase is scheduled to start in 2019 and cost some $5.3 billion.
State budget will be used for the construction of runways, taxiways, and parking lots for airplanes, while private capital will be called for passenger terminals and other auxiliary facilities. 

TUAN MINH

Từ khóa: Dong Nai, ACV

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