On the morning of December 15, 2020, in Ho Chi Minh City, Airports Corporation of Vietnam (ACV) organized the first extraordinary general meeting of shareholders in 2020.

Participants attending the meeting include Vice chairwoman of the Commission for the Management of State Capital at Enterprises (CMSC) Nguyen Thi Phu Ha, representatives from Technology and Infrastructure Department of CMSC, shareholders, and legal authorized representatives.

About ACV, there is a participation of Mr. Lai Xuan Thanh – Chairman, Mr. Vu The Phiet – President, Board’s members, Management Board’s members, Supervision Department, representatives of functional departments and directors of ACV’s airports. 

All attendees agreed to ratify the minutes extraordinary general meeting of shareholders for the first time in 2020. The content was as follows:

Ratifying the investment for the first phase of Long Thanh international airport sub-project 3 which ACV is a project owner according to Decision No. 1777/QĐ-TTg dated November 11, 2020.

The total construction investment amount (Taxes included) is 99,019.261 billion VND. The investment capital is mobilized from minimum owner equity of 36,102 billion VND, the rest is funded by loans (Government guarantee excluded) and other legal sources of capital (including equity as regulated). In case of increasing ACV's equity to invest in the Project, correspondingly reducing the cost of debt and other related capital mobilization costs, which ensure a cost-effective investment.

Administration Department