Cam Ranh International Airport project in the pipeline

The Prime Minister has agreed to allow the Bank for Investment and Development of Vietnam (BIDV) to select foreign consultants to do planning for development of Cam Ranh International Airport.

The PM has also authorised the BIDV and the Vietnam Aviation Corporation to represent investors to negotiate with foreign organizations. A decision to choose foreign partners must be approved by the Ministry of Defence.

All costs related to hiring foreign experts will be paid by investors.

VOV

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