In order to construct Long Thanh International Airport of grade 4F according to the gradation by International Civil Aviation Organization (ICAO) as an important international airport of Vietnam, to be one of the international aviation transit centers of the region, on June 25, 2015, the National Assembly passed the Resolution No. 94/2015/QH13 dated June 25, 2015 of the National Assembly on investment policy on the Long Thanh International Airport Project with the general estimate for the whole Project is VND 336,630 billion (equivalent to USD 16.03 billion).
Modern technologies are applied to the construction, management and operation of the project as innovative international airports in the world, ensuring the comprehensive capability towards safety, convenience, quality, and efficiency. It is planned to complete all the items in the Project to reach the capacity of 100 million passengers and 05 million tones of goods per year.
Total land area for the Project is 5,000 hectares, where, area of land for construction of infrastructure in the airport is 2,750 hectares; area of land for national defense construction is 1,050 hectares; area of land for auxiliary items, aviation industry and other commercial works is 1,200 hectares. The Government shall be responsible for steering the organization of the complete withdrawal of land for the whole project, provide the compensation, assistance, relocation and employments for residents whose land is withdrawn; effectively manage and use the unused land area according to the approved planning of the Project; build up the socio-economic infrastructure; intensify the development of production, ensuring the steady life of residents in the areas influenced by the Project
