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How Does The International Aiport Construction Affect To Real Estate And Tourism In Phu Quoc?

Phu Quoc real estate

Mr. Truong Quoc Tuan – Provincial party secretaries of the Kien Giang Party Committee said that as soon as the government allowed to build a new international airport in Phu Quoc, three groups of British, German and American surveyed registration of construction bidding.

According to the plan of Phu Quoc international airport, after completion, it will be 800 hectares wide, ensure the Boeing 767 aircraft landing off and landing. Estimated the expenditure is from $110 million to 132 million, transported each year from 1 million visitors or more.

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Where is Phu Quoc airport and what is special?

Phu Quoc International Airport is located in Duong To Commune, Phu Quoc Island, Kien Giang Province, about 8 km south of Duong Dong Town. This is a nice location, very convenient for traveling as well as moving of visitors.

Besides, from this new airport passengers can connect with other cities and countries as quickly as possible. Because the system links with domestic and international airlines are diverse to suit all the needs of passengers.

Phu Quoc Airport
International airport in Phu Quoc

Prestigious domestic airlines such as:

– Vietnam Airlines

– Vietjet Air

– Jetstar Pacific

International airlines:

– Nordwind Airlines

– Ikar Airlines

  Daily flight numbers:

At present, there are 32 flights a day taking off and landing.

Continuing to question what Phu Quoc Airport and were in Phu Quoc Island district Sacojet. The technical information related here is the somewhat satisfying curiosity of people. It is the runway, roller coaster, parking lot, railway station,…

The information that passengers need to know about technical specifications at the airport:

Infrastructure:

  1. Road:

Phu Quoc International Airport has 01 east-west runway, marking it as 10-28, 3000m long and 45m wide.

  1. Roads:

Phu Quoc International Airport’s rolling system includes:

+ 01 roller coaster (W1) with runway

+ 01 rollers (E1) perpendicular, connecting the runway with parallel W1 roller

+ 02 roller lanes (E6 and E7) connect parallel W1 lanes with airfield and train station

+ 04 rollers turn at the head of the runway

+ 01 roller coaster along the parking lot

  1. Aircraft parking area: 390m x 109m in size; There are 5 parking positions for B747-400, 8 parking spaces for 1 B747-400, 3 A320 / A321 and 4 ATR-72 or equivalent.

Passenger Terminal:

Passenger terminal has a total floor area of 24,328 sqm, capacity to serve 2.65 million passengers per year; have flight operating equipment and other technical items.

With the goal of creating a space for passengers to rest between flights, maximize the comfort and convenience of passengers. Airport planning builds two functional areas of the station arranged separately and located on both sides of the station premises. The international terminal is located in the half of the eastern of a country and the other half of the station is located in the domestic station…

Phu Quoc Airport
Phu Quoc station

Phu Quoc owns great potential from the tourist resort market.

In addition, according to Troy Griffiths, Savills Vietnam’s deputy general director, real estate rental rates in regional markets are currently very low, even below 1% but the return on investment in real estate in Vietnam up to 5% or higher.

Visitors to Phu Quoc increased by 13%, last year international visitors to Phu Quoc reached 150,000. Mobilization of social investment reached about 16,000 billion, 5 times more than in 2010.

Some of the coastal resort projects are highly valued, such as the Sun Group’s villas and condotel projects, with a committed return of 9-10%. This is a great advantage of the potential market with opportunities for profitability in the medium and long-term to be seen by international investors.

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The direction of Phu Quoc in the future is focused on developing strengths and overcoming difficulties.

According to the Phu Quoc district Head, with the goal of planning Phu Quoc to 2020, the vision 2030 Phu Quoc has many favorable conditions for development, especially the next phase 5 will be the accelerating and breaking of Phu Quoc. By 2020 Phu Quoc will become a special economic zone.

Phu Quoc Airport
Real estate segment is changing

Phu Quoc will focus on three key objectives: training of human resources for tourism; investment in infrastructure, wastewater treatment; Build a clean, beautiful Phu Quoc. These are tasks that need to be done for a certain period of time.

This is a challenge as well as an opportunity for Phu Quoc tourism in general and real estate projects in tourism in particular.

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How Does The International Aiport Construction Affect To Real Estate And Tourism In Phu Quoc?
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