The Phan Thiet airport will be built in January 2015, in Thien Nghiep Commune, Phan Thiet City, in the southern coastal province of Binh Thuan.
Phan Thiet airport will be the first BOT (build-operation-transfer) project the field in Viet Nam with an initial cost of about 5.6 trillion VND (263.2 million USD). It covers a total area of 543 hectares with a 2,400m runway and a 5,000sq.m terminal.
Once the first phase of construction is completed, scheduled for 2020, the airport will accommodate 300 passengers each hour, or 500,000 per year, and handle 10,000 tonnes of goods annually.
At the end of the second phase of construction in 2030, the airport will be capable of serving 1 million passengers and 50,000 tonnes of goods every year.
According to the Binh Thuan Department of Transport, about 60 percent of the ground clearance work for the project has finished.
Once completed, the airport will offer flights between Phan Thiet and Tan Son Nhat Airport in Ho Chi Minh City, Cam Ranh in Khanh Hoa Province, Buon Ma Thuot in Dak Lak Province, Phu Quoc in Kien Giang Province, and Da Nang City.