Proposal for a Special Mechanism to Mobilize Capital for Mang Den Airport

Introduction

Mang Den (Kon Plong District, Kon Tum Province) is known as the “second Da Lat” of the Central Highlands thanks to its cool climate, majestic landscapes, and strong tourism potential. However, limitations in transport infrastructure remain a barrier to fully unlocking these advantages. Therefore, the proposal for a special mechanism to mobilize capital for building Mang Den Airport is drawing great attention from both authorities and experts, as it could create a breakthrough for regional socio-economic development.

Proposal for a Special Mechanism to Mobilize Capital for Mang Den Airport

Why is Mang Den Airport necessary?

• Better connectivity: At present, visitors must travel long distances by road from Pleiku or Kon Tum, which limits tourism flow and investment opportunities.

• Tourism development: An airport would open the door for Mang Den to become an international destination, attracting both domestic and foreign visitors.

• Economic growth: With easier transport, agricultural products, medicinal herbs, and regional goods could reach larger markets more efficiently.

• National security: Having an airport in Kon Tum also plays an important role in the Central Highlands’ defense and security strategy.

Proposed special financing mechanisms

To move the project forward, experts believe a tailored mechanism is required instead of rigidly applying general rules. Some key proposals include:

1. Socialized investment

   • Attracting capital from both domestic and foreign enterprises.

   • Offering incentives in taxes, fees, and commercial rights to encourage participation.

2. Public–Private Partnership (PPP)

   • The government handles land clearance and core infrastructure.

   • Private investors fund, operate, and manage commercial activities.

3. ODA and preferential credit

   • Seeking international funding sources for aviation infrastructure.

   • Utilizing long-term loans with low interest rates to ease state budget pressure.

4. Risk-sharing mechanisms

   • Government support in case passenger traffic is lower than forecasted during the initial phase.

   • Ensuring fair long-term returns for private investors.

Potential impacts if implemented

If these special mechanisms are approved and construction begins, Mang Den Airport could deliver multiple benefits:

• Tourism boom: Mang Den would emerge as a major hub for eco-tourism, wellness retreats, and cultural–spiritual experiences in the Central Highlands.

• Investment attraction: Real estate, hospitality, and high-tech agriculture businesses would find new growth opportunities.

• Job creation: Local communities would gain access to more employment in logistics, tourism, and service sectors.

• Sustainable growth: The airport would contribute to higher state revenue and improved living standards for residents.

  

  Proposal for a Special Mechanism to Mobilize Capital for Mang Den Airport

Conclusion

The proposal for a special mechanism to mobilize capital for Mang Den Airport is a strategic step for the development of Kon Tum and the Central Highlands. With the joint efforts of the government, private investors, and international partners, the project would not only boost tourism but also transform Mang Den into a new socio-economic growth center in the near future.