The Southern Airports Corp. has submitted a US$6 billion-plus project to the Ministry of Transport to build the first phase of the Long Thanh International Airport in Dong Nai Province between 2018 and 2020.
Under the plan that is seeking the ministry's approval, the airport, 43 kilometers east of Ho Chi Minh City's Tan Son Nhat airport, will have two runways, each 4,000 meters long, and a terminal to handle 25 million passengers and 1.2 million tons of cargo every year.
In the second phase between 2020 and 2035, the third runway and the second terminal will be built to elevate the airport's annual capacity to 52 million passengers and 1.5 million tons of cargo.
The corporation has also proposed that all aviation activities are moved from Tan Son Nhat International Airport to Long Thanh between 2030 and 2035.
The new airport, which covers an area of 5,000 hectares, will be four times larger than Tan Son Nhat and can handle giant aircraft like the Airbus A380-800.
After 2035, the airport can be expanded in accordance with demand, the corporation said.