Design plan for Long Thanh International Airport currently under construction in Vietnam (INCHEON INTERNATIONAL AIRPORT CORPORATION)
Incheon International Airport Corporation has been selected as the preferred bidder to provide management consulting for Vietnam’s 18.3 trillion won (US$13 billion) Long Thanh International Airport project.
With this selection, Incheon International Airport is the most promising candidate in the Vietnamese airport company’s global search for a consulting partner. The Korean airport operator won the bidding process against the French Groupe ADP and the German Fraport AG. The contract was awarded together with the Vietnamese PMI Consulting Service Corporation, the construction company responsible for the basic planning of the new airport’s passenger terminal, after receiving top marks overall in terms of technology and price, Incheon International Airport said.
Incheon International Airport expects the deal to generate 11 billion won in business consulting services.
In addition to providing advice, the operator will also help the airport prepare for operations to begin once construction is complete, a process known as Operational Readiness and Airport Transfer (ORAT). The project will also establish the airport’s internal operating standards, which will have a major impact on the passenger experience once it opens.
Design plan for Long Thanh International Airport in Vietnam, the first phase of construction of which is scheduled to be completed by 2026 (INCHEON INTERNATIONAL AIRPORT CORPORATION)
Long Thanh International Airport is currently being built 40 kilometers from Ho Chi Minh City as a new gateway airport to reduce traffic at the city’s existing Tan Son Nhat International Airport.
Construction of the airport will take place in three phases. The first phase, which includes one runway and one passenger terminal, is scheduled to be completed by the third quarter of 2026. Four runways and four passenger terminals are scheduled to be completed by 2050.
The term of the management consulting partnership is two years.
“If this consulting company is selected, it is expected to become a new hub in the Southeast Asian region,” said Lee Hak-jae, president of Incheon International Airport Corporation, in a press release. “We will expand our overseas business as a global airport-focused company, with the goal of operating at least 10 overseas airports by 2040.”
BY KIM JU-YEON ([email protected])
