Just days after local media reported on a plan to build a new airport for Hanoi, the Ministry of Transport has revealed its own proposal to dramatically expand the city's existing airport Noi Bai, which has become overloaded.
A plan to add two new terminals, one runway and more airplane parking space to Noi Bai will be submitted to the government for approval by 2020, local media quoted Deputy Transport Minister Nguyen Hong Truong as saying at a press conference on Thursday.
The expansion will cost at least VND38.8 trillion (US$1.71 billion), news website VnExpress said, citing the Civil Aviation Authority of Vietnam.
Since it will take around 10 years to execute the massive expansion, the transport ministry will first expand the airport’s two existing terminals and build the third runway over the next five years, according to Truong.
Figures from the Civil Aviation Authority showed Noi Bai will serve around 19 million passengers at the end of this year. Given that the number of passengers increases by 2-2.5 million every year, the airport will hit its maximum capacity of 25 million a year in two or three years.
Late last month the aviation authority announced that it was discussing with Hanoi authorities and relevant agencies the construction of a 720-hectare international airport opposite to Noi Bai. The project is estimated to cost around $5.5 billion.