Topic: public-private partnership (PPP)

The Quang Tri Airport project in central Vietnam sits on area of over 265 ha with total investment of more than VND5.8 trillion ($247.98 million). Its feasibility report is expected to be approved during August, and construction is to begin in the first quarter of 2023. With a capacity of 1 million passengers per year, the airport will be built under the public-private partnership (PPP) model.

The Binh Phuoc Provincial People’s Committee will be the authorized agency in the construction of the Gia Nghia - Chon Thanh Expressway under the public-private partnership (PPP) mode and with a build-operate-transfer (BOT) contract. The 140-km project is a component of the Ho Chi Minh Highway and connects southern Binh Phuoc province with the central highlands’ Dak Nong province and has total investment of VND23 trillion ($982 million).