Here are Asia Pacific’s five largest airport infrastructure construction projects that were initiated in Q3 2021, according to GlobalData’s construction projects database.
1. Navi Mumbai International Airport – $2,271m
The project involves the construction of an international airport on 1,160ha of land near Panvel, Navi Mumbai, Maharashtra, India.
Construction work started in Q3 2021 and is expected to be completed in Q4 2030.
The project is located on highway NH 4B near Panvel, about 35km from the existing Chhatrapati Shivaji International Airport in Mumbai. The height of the main airport is kept around 7m above sea level.
2. Zhaotong New Airport – $321m
The project involves the construction of an airport on 1,214ha of land in Zhaotong, Yunnan, China.
Construction work commenced in Q3 2021 and is expected to finish in Q3 2024.
The project aims to increase passenger handling capacity to provide the region with better transport facilities.
3. Cox’s Bazar Airport Expansion – $231m
The project includes the construction of the airport in Cox’s Bazar, Bangladesh.
Construction work started in Q3 2021 and is forecast to complete in Q2 2024.
The project aims to provide better facilities at the airport to meet the growing number of passengers at the airport.
4. Shuozhou Civil Airport – $129m
The project involves the construction of a civil airport in Shuozhou, Shanxi, China.
Construction work commenced in Q3 2021 and is expected to be completed in Q3 2025.
The project aims to increase air traffic handling capabilities to provide better facilities.
5. Sultan Ismail Petra Airport Upgrade – $120m
The project involves the upgrade and expansion of an airport in Kota Bharu, Kelantan, Malaysia.
The $120 million (MYR500 million) project includes the following:
Construction work started in Q3 2021 and is expected to be completed in Q2 2024.
The project aims to increase airport facilities in order to reduce air traffic congestion and also to cater to the increasing passenger load with the provision of the best service to air passengers.
Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
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