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09 - 05 - 2017

CRTC – an investor of Cam Ranh International Terminal is a company founded by 6 investors: ACV, IPPG, Yen Khanh Co. Ltd, Viet Xuan Moi Co. Ltd, NASCO and Vietjet.

Cam Ranh International Terminal in 3-D

IPPG is diversified business group which holding duty-free shops and non-aviation services at major airports across Vietnam. Since 2015, IPPG has become a strategic investor of ACV.

About Cam Ranh International Terminal, the project is divided into 3 investment phases with total investment for the 1st phase is 3,735 billion VND.

During the past years, the number of passengers to Cam Ranh airport have been risen dramatically, from 30 – 50% per year. By the end of 2015, it reached to over 2.7 mil passengers and until September 2016, the number became 3.3 mil passengers. Though ACV has renovated and upgraded the terminal to increase the capacity up to 2.5 mil passengers per year but this is just a temporary solution for infrastructure.

As a result, the construction of Cam Ranh International Terminal is truly essential in order to meet the need of social, economic, tourism development of Khanh Hoa province. This will help leverage the economy and society of the South Central and Highland regions in the near future.

CRTC is a company of 6 investors including ACV, IPPG of Mr. Johnathan Hanh Nguyen, Yen Khanh Ltd, Viet Xuan Moi Co. Ltd, NASCO and Vietjetair. Mr. Johnathan Hanh Nguyen - Chairman of CRTC declared: "With this project, Cam Ranh International Airport will be the most modern airport with the highest international standards in the country."

According to CRTC, Cam Ranh International Terminal is invested by 3 phases in order to achieve the target with the capacity of 8 mil passengers by 2030. At first, the project has been constructed to welcome 2.5 mil passengers per year. Currently, the construction is on process and expected to be in operation after 18 months, in March, 2018.

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