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South Korea commits to $3 billion Incheon expansion

South Korean Ministry of Land, Transport and Maritime Affairs said it plans to spend about KRW4 trillion ($3.12 billion) to expand Incheon International, enabling it to handle 41% more passengers and 29% more freight by 2015. A second passenger terminal and a new railway line to Seoul will be among the enhancements, according to a statement cited in multiple news reports. Construction is set to begin in early 2011. Incheon currently has capacity for 44 million passengers and 4.5 million tons of cargo annually.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.