Civil Aviation Administration of Vietnam has submitted a detailed proposal to the Ministry of Transport to expand Tan Son Nhat International Airport by 2020.
Local media reported it estimates the cost of newly building and upgrading the runway, terminals and transport systems around the airport will cost around VND19.3 trillion (USD850 million).
With demand growing by 15% a year, the airport will need to handle 50 to 60 million passengers by 2025, when Long Thanh International Airport in neighbouring Dong Nai province is expected to be inaugurated.
By 2020 the CAAV seeks to upgrade Tan Son Nhat Airport to serve 43 to 45 million passengers a year with parking space for 80 aircraft of various kinds like ATR72, A320, A321, B747, B777, B787, and A350, the report said.
The plan calls for new runways and one more terminal, with a capacity of 15 million passengers a year. The existing terminals has a capacity of 28 million passengers.
The city also plans to build a Y-shaped flyover to link Truong Son Street with the airport to ease traffic congestion.
Tan Son Nhat, the nation’s busiest airport, is designed to accommodate 25 million passengers a year, a capacity ceiling that was surpassed last year when it handled 32 million passengers.
Civil aviation authorities estimate the country’s airports served 87 million passengers last year. That figure will rise another 10% to 15% this year.