After that, they will discuss in groups this draft resolution, along with another on some mechanisms and policies to solve difficulties and obstacles in the implementation of the Land Law, and the investment policy for the Gia Binh International Airport construction project.

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Minister of Construction Tran Hong Minh presents a report on the investment policy for the construction of Gia Binh International Airport.

According to the Government's report, the development of the Gia Binh International Airport is a strategic and breakthrough step, contributing to the restructuring of the air transport network in the Capital Region according to the "dual-center" model, which has been successfully applied in many major cities worldwide, such as London (the U.K.) and Tokyo (Japan). It will play a strategic complementary role to the Noi Bai International Airport, promoting advantages in space, connectivity, and infrastructure, while also creating momentum for the development of industries, logistics, e-commerce, tourism, and services.

It is expected to accommodate around 30 million passengers per year and handle 1.6 million tons of cargo per year by 2030, and about 50 million passengers and 2.5 million tons of cargo per year by 2050. The total investment capital is approximately 196.3 trillion VND (7.4 billion USD), of which about 141.2 trillion VND is for the first phase.

In the afternoon session, the N.A. will discuss at the hall the amended Law on Tax Administration and the amended Law on Personal Income Tax.

Source: VNA