The Vietnamese government has approved a plan to expand its second-largest airport near the capital Hanoi by 2020 with an estimated investment of VND13.74 trillion (US$857 million).
Minister Hoang Trung Hai has approved the
project to build a third terminal at Noi Bai
International Airport 45 km (28 miles) north
of Hanoi, so it could handle 25 million
passengers a year by 2020, up from 10
million passengers now, a government
The expansion of Noi Bai, which ranks behind
Tan Son Nhat International Airport in Ho Chi
Minh City, will be funded by the state
budget, corporate funds and private equity
depending on component projects, the
statement issued late Tuesday said.
Vietnam would need to invest another VND43
trillion after 2020 to double Noi Baiís
capacity to 50 million passengers a year