The northern mountainous province of Lao Cai has proposed the Ministry of Transport build a civilian and military airport in Sapa.
Under the proposal, Sapa Airport will have a total cost of around VND5.7 trillion (USD251 million), excluding costs for military equipment. It will be located on a site of 371 hectares at Cam Con Commune, Bao Yen District.
Of the total capital, roughly VND4.75 trillion will be used for the first phase of the project which is expected before 2020 to build the airport with the capacity of 560,000 passengers and 600 tonnes of goods per year. It could serve A320 and A321 aircraft.
The remaining capital will be pumped for the second phase scheduled until 2030, aiming to upgrade the airport’s capacity to 1.5 million passengers and 2,880 tonnes of cargo per year.
The provincial people’s committee has also recommended two ways to raise investment.
The people’s committee has proposed the Ministry of Transport build the project by using the state budget or private investment sources or alternatively the province would have to raise investment from the private sector.
Note: Lào Cai is a city in the Northwest region of Vietnam. It is the capital of Lào Cai Province. The city borders the city of Hekou Yao Autonomous County, in the Yunnan province of southwest China. It lies at the junction of the Red River (Sông Hồng) and the Nanxi River (Yunnan) approximately 160 miles (260 km) northwest of Hanoi.
Source: Vietnamnet