Vietnamese group helps build another airport in Laos

March 16, 2013 | 09:28
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Hoang Anh Gia Lai Group has started the construction of Nong Khang International Airport in Huaphan Province, Laos with the investment of $80 million.

This is the second airport built by the Group in Laos, after the international airport in Attapeu Province.

The 183 hectare airport will be built in two stages. The first stage is expected to be finished by 2015 with a terminal that could accommodate 100,000 passengers per year, and a runaway with 2,400 meters in length and 30 meters in width, suitable for small planes such as ATR72 and Fokker 70.

The airport will be upgraded in the second stage to serve larger planes like Airbus A320 and Airbus A321.

Hoang Anh Gia Lai Group has lent the Lao Government the sum at no interest for 5 years and the Lao Government will pay the loan in deducting taxes and fees that the Vietnamese group has to send to Lao’s budget.

Source: Vneconomy

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