In order to appeal to investors, appropriate support from the State is needed during the investment and the exploitation.
Vietnam's Deputy Prime Minister Le Van Thanh has requested the host provinces to quickly select investors so that the construction of four airport projects in Sa Pa, Quang Tri, Lai Chau, and Phan Thiet would kick off in late 2022 and early 2023.
Chairing a meeting on airport network development on September 12, Deputy Prime Minister Le Van Thanh said that the mobilization of private resources in airport construction remains slow because investment procedures overlap and are cumbersome, meanwhile, some ministries, branches, and localities have not been proactive in addressing those shortcomings.
“In particular, it is difficult to mobilize investment capital to upgrade and expand the existing airport. Currently, the airport infrastructure assets are managed by different units which makes it hard to conduct tenders to select investors in the form of public-private partnership (PPP),” he underlined.