Vietnam Invests In MRO Hangars At New Long Thanh Airport
SINGAPORE—The Vietnamese Transport Ministry has approved an investment of VND2.7 trillion ($118 million) to develop four MRO facilities at the new Long Thanh International Airport that will serve Ho Chi Minh City.
The facilities will be able to support aircraft as large as Code F—Airbus A380s and Boeing 747-8s—and comply with FAA, EASA and Civil Aviation Authority of Vietnam regulatory standards.
An initial investment of VND688 billion will be allocated to each of the four projects, which will have plots of around 45,500 m2 (490,000 ft.2). Under a public-private partnership scheme, the concession period for the facilities will be around 25 years.
The four-runway Long Thanh airport is currently under construction and is expected to be completed in 2025, when it will replace Tan Son Nhat International Airport. Vietnam Airlines Engineering is the primary MRO provider at Tan Son Nhat, which also has a joint venture with Singapore’s ST Engineering operating as Vietnam Singapore Technologies Engineering Aerospace.