The phase two will involve building an additional passenger terminal and associated infrastructure, raising the airport’s annual capacity to 50 million passengers and 1.5 million tons of cargo.

The Airports Corporation of Vietnam (ACV) has submitted a
proposal to the Ministry of Construction seeking approval in principle for investment in phase two of the Long Thanh International Airport project.

Under the proposal, phase two will involve building an
additional passenger terminal and associated infrastructure, raising the airport’s annual capacity  to 50 million passengers and 1.5 million tons of cargo.

The investment capital is estimated at VND80 trillion ($3.1 billion),
to be funded entirely from ACV’s own capital.

According to the feasibility study for phase one, research
and investment preparation for phase two had originally been planned for the 2028–2030
period.

However, with national GDP forecast to grow at double-digit
rates from 2026, and passenger volumes at airports nationwide projected to rise
faster than earlier estimates, the Ministry of Construction believes investment
studies for phase two should be initiated ahead of schedule.

VnEconomy-Tuấn Khang