Developing airports: new playing field for billionairesVietNamNet Bridge - A series of new airport projects and upgrading of existing airports have been suggested with total investment capital of billions of dollars. A series of airport projects have been suggestedThe Cam Ranh complex, worth VND4 trillion, was developed under the BOT (build, operation, transfer0 mode by a joint venture of private investors. Many resort tourism projects, valued at billions of dollars, located 10-30 kilometers from the airport, have been implemented. Sun Group, a giant real estate developer, has inaugurated the Van Don International Airport, capitalized at VND7.2 trillion. According to the Civil Aviation Authority of Vietnam (CAAV), 94 million passengers went through airports in 2017 in Vietnam and the number of air passengers may reach 142 million by 2020.

Source: VietNamNet News August 26, 2018 01:07 UTC