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Economic News

Last updated: Thursday, August 16, 2018

 

Bamboo Airways Investment Project Approved

Posted: Saturday, July 28, 2018

Deputy Prime Minister Trinh Dinh Dung recently signed Decision 836/QD-TTg approving the Bamboo Airways investment project at Phu Cat Airport, Phu Cat district, Binh Dinh province. The project, with VND700 billion (US$30 million) of investment capital, will have ten A320/A321 or B737 aircraft by 2023. The project lifetime is 50 years and the investment progress is from 2019 to 2023.

The Deputy Prime Minister assigned the Ministry of Transport to appraise and grant the air transportation business license to the airway. The Binh Dinh Provincial People’s Committee is responsible for checking project information and data stated in the project documents, explanatory contents; accepting appraised contents; inspecting and supervising the execution progress of Bamboo Airways Co., Ltd.

Thanh Tan








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