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Spanish, US firms to invest in Chu Lai Airport
Representatives from Spain’s Garuda Group, the US Airis International Holdings LLC and the People’s Committee of central Quang Nam province signed a memorandum of understanding (MoU) to implement a feasibility study for Chu Lai International Airport, in Hanoi on April 16.
Nguyen Phuoc Thanh, the province’s deputy chairman, said that under the master plan ratified by the Government, the total investment capital of Chu Lai Airport was estimated at 1 billion USD. Chu Lai will be larger than Da Nang Airport.
The airport has a designed annual capacity of 2.25 million passengers and 1.5 million cargo by 2015 and 4.1 million passengers and 5 million cargo by 2025, according to the master plan.
According to the MoU, Garuda and Airis will jointly design, finance, construct and operate the airport in the form of BOT (build-operate-transfer). The feasibility study for the project will include an in-depth outline of future planning and building stages.
“At first, Garuda will send about 15 technicians to Vietnam to carry out the Chu Lai airport project. It is expected to take about six months to undertake the feasibility study for Chu Lai Airport,” said Giuliano Miotti Koenigsberg, general manager of Garuda Trade Co. Vietnam.
Nguyen Trong Nguyen, director of Airis Vietnam, said the two sides chose Chu Lai because it was an important gate to the centre of the country and was near Dung Quat and Chu Lai economic zones, Hoi An – a famous tourist spot – and Chu Lai seaport.
Garuda Asea Co. – a Spanish seaport and airport construction and management company – set up an office in Hanoi last month. Garuda Vietnam pumped 8 billion USD into the International Hanoi-Hai Duong Airport. Airis – the world’s largest private developer of airport facilities – established representative offices in Hanoi and Ho Chi Minh City in January.
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