US$ 210mln to invest security system at Noi Bai Airport

The Visual Defence Service Group (VDS-Canada) has proposed to invest security and safety systems for Noi Bai International Airport under a build-operate-transfer (BOT) contract.

The Visual Defence Service Group (VDS-Canada) has proposed to invest security and safety systems for Noi Bai International Airport under a build-operate-transfer (BOT) contract.

According to VDS’s proposal, BOT project will be implemented in 20 years with investment capital for the first phase up to US$ 105million and it will be upgraded every 5 years, bringing a total cost of US$ 210million.

VDS will collect security fee at the airport.

Fee rate proposed is around US$ 5.75 per international passenger and US$ 1.5 domestic one.

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