When it comes to construction projects, airports are right at the top of the list when it comes to complexity and risk. According to data provided by the Centre for Aviation (CAPA) US$1.1 trillion is spent on airport construction globally – this is broken down by US$255 billion being invested in new (greenfield) airport projects around the world and US$845 billion in projects such as new runways and terminal buildings, runway and terminal extensions.
This investment, though, is by no means spread equally around the world, with North America and Canada only spending US$3.6 billion between them on a total of 11 airport projects. It is the Asia Pacific region which is the most active when it comes to aviation projects, spending just under US$400 billion.
One project which accounts for some of that spending is Beijing’s 80 billion Yuan (US$12.6 billion) new airport, which will be one of the world’s largest when it opens in October 2019. The contractors for the project are Beijing Construction Engineering Group, Beijing Urban Construction Investment and Development Co. Ltd and China Construction 8th Engineering Division Co. Ltd.
The project is part of the large infrastructure drive overseen by President Xi Jinping. The ‘Beijing New Airport’ is made up of 1.6 million m3 of concrete, 52,000 tonnes of steel and spans a total area of 47km² including runways.
It is expected to serve an initial 45 million passengers a year with an eventual capacity of 100 million, as China seeks to boost its profile as an international aviation hub. The airport will be connected to Beijing by a high speed train with a top speed of 350 km an hour, as well as an inter-city train and an expressway. It is hoped that the new airport will relieve pressure on Beijing’s existing international airport.
India is looking to boost its connectivity by establishing 100 airports – doubling the current number – in the next 15 years at an estimated cost of RS 4 trillion rupees (US$62.2 billion). The Regional Air Connectivity Scheme will split the investment between building 70 airports at new locations while the rest of the money will be allocated to second airports or expanding existing airfields. There has already been approval given for 18 new airports.
In an interview Jayant Sinha, minister of state for aviation in India, said: “Airport planning in the past was such that an airport is saturated by the time its development work is completed. We need to get out of that incremental trap and think for the future and take a long-term view. We will need to add about 100 new airports, as aviation in India grows.”
Information from the Centre for Aviation suggests that India’s aviation industry will be the third largest for departures by 2019. One of the flagship new airports will be the Greater Noida airport at Jewar, approximately 60 km from Delhi and 2,378 acres of land has already been acquired to develop the airport. Catering to around 30 to 50 million passengers every year over next 10-15 years, the project will eliminate the current dependency on Delhi airport for air travel.
15/03/18 Andy Brown/International Construction
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This investment, though, is by no means spread equally around the world, with North America and Canada only spending US$3.6 billion between them on a total of 11 airport projects. It is the Asia Pacific region which is the most active when it comes to aviation projects, spending just under US$400 billion.
One project which accounts for some of that spending is Beijing’s 80 billion Yuan (US$12.6 billion) new airport, which will be one of the world’s largest when it opens in October 2019. The contractors for the project are Beijing Construction Engineering Group, Beijing Urban Construction Investment and Development Co. Ltd and China Construction 8th Engineering Division Co. Ltd.
The project is part of the large infrastructure drive overseen by President Xi Jinping. The ‘Beijing New Airport’ is made up of 1.6 million m3 of concrete, 52,000 tonnes of steel and spans a total area of 47km² including runways.
It is expected to serve an initial 45 million passengers a year with an eventual capacity of 100 million, as China seeks to boost its profile as an international aviation hub. The airport will be connected to Beijing by a high speed train with a top speed of 350 km an hour, as well as an inter-city train and an expressway. It is hoped that the new airport will relieve pressure on Beijing’s existing international airport.
India is looking to boost its connectivity by establishing 100 airports – doubling the current number – in the next 15 years at an estimated cost of RS 4 trillion rupees (US$62.2 billion). The Regional Air Connectivity Scheme will split the investment between building 70 airports at new locations while the rest of the money will be allocated to second airports or expanding existing airfields. There has already been approval given for 18 new airports.
In an interview Jayant Sinha, minister of state for aviation in India, said: “Airport planning in the past was such that an airport is saturated by the time its development work is completed. We need to get out of that incremental trap and think for the future and take a long-term view. We will need to add about 100 new airports, as aviation in India grows.”
Information from the Centre for Aviation suggests that India’s aviation industry will be the third largest for departures by 2019. One of the flagship new airports will be the Greater Noida airport at Jewar, approximately 60 km from Delhi and 2,378 acres of land has already been acquired to develop the airport. Catering to around 30 to 50 million passengers every year over next 10-15 years, the project will eliminate the current dependency on Delhi airport for air travel.
15/03/18 Andy Brown/International Construction
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