Changi Airports International Teams Up with Cam Ranh International to Boost Non-Aeronautical Busines – Travel And Tour World

Today, at the Singapore Airshow, Changi Airports International (CAI) and Cam Ranh International Joint Stock Company (CRTC) formalized an agreement to oversee the non-aeronautical sectors of Cam Ranh International Terminal and aid in expanding the airport’s global route network.

This pivotal deal marks the initial successful collaboration within a partnership framework between CAI and Legacy Infrastructure. It leverages CAI’s worldwide experience in airport consultancy, management, and investment, alongside Legacy’s regional clout and assets. The partnership is designed to introduce innovative strategies to Vietnam’s aviation sector, aiming to improve its connectivity, operational efficiency, and global standing.

Serving as Vietnam’s fourth largest international gateway, Cam Ranh International Airport (CXR) caters to Nha Trang City and Khanh Hoa province, a key Vietnamese tourist hub. Over the next five years, CAI, in collaboration with CRTC, will focus on boosting the revenue of CXR’s Terminal 2 and elevating the travel experience for passengers. The contract also includes an option for a five-year renewal.

CRTC, the sole owner of CXR’s Terminal 2, currently partners with over 30 airlines and links to more than 100 global destinations. This new arrangement not only aims to expand the airport’s global connections but also to attract more international collaborations, significantly boosting CRTC’s market appeal and competitive edge.

Mr Eugene Gan, Chief Executive Officer of CAI, said, “Cam Ranh International Airport, which welcomed 6.5 million international visitors in 2019 before the pandemic and was the fourth busiest international airport in Vietnam, is undoubtedly one of the driving factors for the tourism development of Nha Trang. We are excited to apply the experience we have gained over the years to work with our valued partners and uplift the passenger experience at Cam Ranh International Airport, helping to further grow its potential as one of the leading airports in Vietnam.”

Mr Johnathan Nguyen, Chairman of CRTC and famed for being the visionary of Vietnam’s aviation industry who is always taking the lead in pushing the frontier of the aviation scene, said, “Singapore Changi Airport is one of the world’s leading airports, known for its exceptional service quality. The partnership between Changi Airports International (CAI) and Cam Ranh International Terminal marks a significant milestone, offering many aspects for improving service quality, putting advanced modern technology into practice, and helping CRTC to rapidly connect with airlines and airports over the world.

“The successful model of management cooperation between CRTC and CAI will be the first of its kind that CAI implements in Vietnam, opening up great opportunities for both parties in the field of airport operations and realising the vision of Imex Pan Pacific Group (IPPG) for strategic collaborations in Vietnam and other countries.”

Mr Hong Dijun, Chief Executive Officer of Legacy, said, “Following extensive regional analysis, Legacy Group has identified Vietnam as a pivotal strategic market in Asia. We are committed to contributing to Vietnam’s rapid growth and plan to unveil four additional infrastructure projects by the end of the fiscal year, with a combined contract value exceeding US$2 billion. In the aviation sector specifically, through Mr Nicholas Duong, Legacy has discerned IPPG as a trusted and respected aviation ally to inaugurate this collaborative venture. Mr Johnathan is renowned for his illustrious contributions to the aviation industry and his advocacy for cutting-edge reforms. Legacy is proud to bring together this collaboration and reaffirms our dedication to invest and continue fostering partnerships with world-class experts and strategic allies to further enhance the country’s infrastructure landscape.”

The post Changi Airports International Teams Up with Cam Ranh International to Boost Non-Aeronautical Busines appeared first on Travel And Tour World.