Tuesday, March 09, 2021, 11:37 GMT+7
3D rendering of Quang Tri Airport in the namesake province in Vietnam. Photo: Q.H. / Tuoi Tre
The People’s Committee of Quang Tri Province in central Vietnam is seeking in-principle approval from Prime Minister Nguyen Xuan Phuc for the construction of Quang Tri Airport, while the fellow central province Thua Thien-Hue is proposing the expansion of its own Phu Bai Airport.
As per Quang Tri’s proposal, the new airdrome project will be led by the municipal People’s Committee and funded by public-private partnership (PPP) sources.
PPP involves a cooperation deal signed between a public authority and a private party, in which the private party provides a public service for the project and assumes financial, technical, and operational risks.