VietNamNet Bridge - Quang Ninh province has chosen Sun Group from South Korea as the investor of the airport project and scheduled a groundbreaking ceremony on March 27.

Earlier, a collaborative venture of the Korea Airport Corporation, Joinus Vietnam Joint Stock Company and Posco E&C Joint Stock Company were considered as the potential investor of the project.

The local Department of Transportation is cooperating with agencies to quickly complete the legal procedures for the project.

The grounds and subsidiary projects to serve the airport have also been completed to prepare for the start.

The airport will cover 288.3 hectares in Doan Ket commune under Van Don Economic zone. It will have runways with capacity to manage take-off and landing of Boeing 777s, or equivalent sized aircraft, and four parking areas for two Airbus 321s and two Boeing 777s.

Quang Ninh airport will have a 17,650 square meter terminal with a capacity of 2 million passengers a year, and a cargo terminal with a minimum capacity of 10,000 tonnes a year.

The project has total capital of VND7.5 trillion, including over VND5.25 trillion for building and equipment and VND734 billion for site clearance.

The airport project will be a key one for the development of the Van Don Economic Zone, helping attract investors to the island.

The zone has been given priority in the country's development agenda. It includes a casino project with an estimated investment of between 4 billion USD and 5 billion USD that is scheduled to open in 2019.

As one of the key projects in Van Don Economic Zone, Van Don International Airport is expected to help boost tourism in Ha Long Bay and Van Don Island.

Chinhphu