Wednesday, December 25, 2024 11:51:25 AM - Markets open
VN-INDEX 1,276.29 +15.93/+1.26%
HNX-INDEX 230.26 +1.90/+0.83%
UPCOM-INDEX 94.32 +0.30/+0.32%
Work starts on Quang Tri airport project
vietnamnews - 7/8/2024 9:35:27 AM
 (0 ratings. You must sign in to rate.)
Construction started on the Quảng Trị airport project, which has an initial outlay of VNĐ5.8 trillion (US$227 million), in Gio Linh district on July 6.
 
 
Vice President Võ Trị Ánh Xuân, Deputy Prime Minister Lê Thành Long and representatives from central and local agencies attended the groundbreaking ceremony. — Photo baochinhphu.vn
 
Construction started on the Quảng Trị airport project, which has an initial outlay of VNĐ5.8 trillion (US$227 million), in Gio Linh district on Saturday by the People’s Committee of the central province of Quảng Trị and a joint venture between T&T Group and CIENCO 4.
 
Vice President Võ Trị Ánh Xuân, Deputy Prime Minister Lê Thành Long and representatives from central and local agencies attended the groundbreaking ceremony.
 
The project, approved by the Prime Minister under the public-private partnership model, is 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 be implemented in 50 years 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 five 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 construction of the airport is expected to be completed by July 2026.
 
Speaking at the ceremony, Deputy PM Lê Thành Long applauded the provincial People’s Committee, the Transport Ministry and relevant agencies for overcoming difficulties and creating favourable conditions for the airport project to be implemented.
 
He asked the province to support investors, construction and consultancy units during the project's implementation, especially ensuring the progress of site clearance and resettlement. — VNS
 
Read original article here
Newer News
17/12 HCM City’s retail sales up 11 per cent this year
17/12 Agriculture sector records trade surplus this year
17/12 Vietnam's gaming industry reaching high score in entertainment sector
17/12 Vietnam’s garment-textile exports expected to reach US$44 billion this year
17/12 Vietnam’s e-commerce boom: a US$5.8 bln opportunity by 2028
17/12 E-commerce: a gateway to boost Vietnamese commodities in the UK market
17/12 Retail giants to ensure sufficient supply, steady prices of Tet goods
16/12 Failure of a Chinese giant in a competitive retail market
16/12 Vietnam’s GDP growth poised for robust growth in 2024: officials
13/12 B2C e-commerce market in bloom
Older News
08/07 Da Nang city urges investment from Japan
08/07 Enterprises urged to further engage in ESG criteria
05/07 Hanoi rolls out measures to accelerate H2 growth: official
05/07 Manufacturing business sentiment to rise
05/07 Mountainous areas need more foreign investment to thrive
05/07 Hanoi rolls out measures to accelerate H2 growth: official
05/07 Manufacturing business sentiment to rise
04/07 Vietnam's economic growth may slow in H2, but outlook remains positive: UOB report
04/07 Korean conglomerates interested in expanding investments in Vietnam
04/07 Vietnam's IT market access and global expansion challenges
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 11:45:01 AM
VN-INDEX 1,276.29 +15.93/+1.26%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.