The Wattay International Airport Terminal Expansion Project, funded with a Japanese Official Development Assistance loan of 9.01 billions yen, was officially handed over to the Lao government following 32 months of construction on Aug 9.
Deputy Prime Minister and Minister of Finance Somdy Douangdy, Minister of Public Works and Transport Bounchanh Sinthavong, Japanese State Minister for Foreign Affairs Kazuyuki Nakane and Japanese Ambassador to Laos Takeshi Hikihara took part in the handover ceremony.
The number of passengers using Wattay International Airport has increased rapidly. The airport handled 690,000 international passengers and 300,000 domestic passengers in 2014 and it is expected to handle 1.51 million international passengers and 460,000 domestic passengers annually by 2023.
Under the expansion project, implemented since 2015, the main terminal building was expanded, a new domestic terminal was built, the rapid exit taxiway was upgraded and surrounding passenger facilities such as car parks, and road were improved.
The efficiency and safety of the airport operations have also been improved. This project is expected to promote economic development in the Lao PDR in future.
The daily operations and administration of the airport will be implemented through a joint public and private partnership between JALUX Inc. and TOYOTA Tsusho Corporation.
On the same day, a signing ceremony for the extension of the contract for Airport Operation between two aforementioned Japanese companies and the Lao Airport Authorities was also held.
Under the administration of a privately held Japanese company, Wattay International Airport is expected to provide continuous high-quality services.
Source: Lao News Agency