The Ministry of Transport has proposed the prime minister urge the Commission for the Management of State Capital at Enterprises to make a final decision on the solution for investing in Terminal T3 at Tan Son Nhat International Airport to ensure the project progresses as scheduled, Tuoi Tre online newspaper reported.

File photo of a passenger terminal at Tan Son Nhat International Airport 

In a report sent recently to the PM on the investment solution for the construction of Terminal T3, the ministry noted that earlier, when Airports Corporation of Vietnam (ACV) was under the purview of the Ministry of Transport, the ministry had approved the list of projects funded by ACV.

ACV’s authority was transferred to the Commission for the Management of State Capital at Enterprises on November 18 last year, and the organization had submitted a prefeasibility study report for the T3 project to the commission and the ministry on December 28, 2018.

Accordingly, ACV suggested building the domestic T3 terminal with a designed capacity of 20 million passengers per year and total floor space of 100,000 square meters.

In addition, supporting facilities such as reservoirs, a pumping station, parking space and drainage systems are also expected to be developed.

The total capital for the Terminal T3 project, which is slated for completion within 43 months, starting in the fourth quarter of 2018 and ending in the second quarter of 2022, is an estimated VND11.4 trillion, to be sourced from ACV’s own budget.

As ACV is now under the commission’s authority, the commission should come to a final decision on the investment solution to speed up the project, the ministry stated, adding that the commission has yet to voice any opinions to date.

Due to the urgency of the project, the ministry requested the prime minister to ask the commission to instruct ACV to promptly finish the prefeasibility study report.

If ACV fails to invest in the project, the ministry also proposed that the prime minister assign the Ministry of Transport to publish the information on the project and call for investments, as regulated.

SGT