Moves to privatise airports

PHU QUOC Vietnam’s Ministry of Transport is seeking approval from the Politburo to allow the private sector to operate Phu Quoc International Airport off mainland Kien Giang province.
Saigon Times reported that the Transport Minister, Dinh La Thang, has forwarded two plans that outline private investment and management of all operations at the airport except flight control and supervision of military facilities.
The ministry will map out a detailed plan to transfer the operational rights to Phu Quoc airport once it gets the green light from the Politburo. That would open the way for it to bring private investors.
The ministry wants Phu Quoc airport to be the pilot project that could be used as model for the transfer of other airports to the private sector.
inside no 4Earlier this year, the ministry disclosed a plan to transfer the operation rights to E Hall of Noi Bai International Airport in Hanoi City before adding Phu Quoc airport to the plan in its document submitted to the Prime Minister.
The ministry hopes the plan, if approved, will help raise funds for other infrastructure projects, including the multi-billion-dollar Long Thanh international airport in the southern province of Dong Nai.
Phu Quoc airport was put into service in late 2012 and cost some USD190 million.

sourced:ttrweekly.com