The Sa Pa authorities have given the consent for its local airport project, proposed by the northern mountainous province of Lao Cai to commence construction.
Being the border gate of Vietnam - China and the economic corridor of Kunming – Lao Cai – Hanoi – Hai Phong, Lao Cai promotes trade between the provinces and Southwest China.
Lao Cai also shows strong prospects from the hospitality sector with over 718,500 foreign arrivals and US$582.8 million in earnings in 2019. Especially Sa Pa which is located in Lao Cai, seeing 7,600 foreign arrivals.
For the time being, the province’s transport system only includes roads and railways. Therefore, the building of a local airport is vital to handle the demand of the increasing number of tourists to the province, as well as support the development of Lao Cai and the northwest mountainous region at large. Details of the proposed airport are available in the table.
Under the implementation of SaPa Airport in the North and Long Thanh Airport in the South, Vietnam is shedding its agriculture-based origin to transform into a more developed country, with more organized networks of transportation and infrastructure. Proud of our extensive expertise in the property market in Vietnam, Broad Avenue promises to be your most reliable partner in advising business opportunities and mapping out strategies to maximize your profits. Contact us today or follow our Facebook and LinkedIn page to not miss out on any crucial information.