Taiwan Airport to receive massive investment from the government
Wednesday, 30 Nov -0001 12:00
Yeh Kuang-shih, deputy minister of Transportation and Communications, said that the government intends to invest 270 billion New Taiwan dollars (US$8.6 billion) and add a third runway and terminal at Taoyuan International Airport.
The plans include the construction of a third terminal, a third 4,000-meter runway to accommodate larger aircraft such as the Airbus A380, and a direct-rail link to Taipei. Construction has already begun on the rail link.
Taoyuan's passenger volume will likely hit a high of around 25 million this year, up some 16% from 21.6 million last year. Passenger volume at Taoyuan could reach 40 million to 50 million by 2030.
The government will hold an international competition next year for the design of terminal three, which is slated to be completed in six years at a cost of about NT$80 billion.
Source: The Wall Street Journal
The plans include the construction of a third terminal, a third 4,000-meter runway to accommodate larger aircraft such as the Airbus A380, and a direct-rail link to Taipei. Construction has already begun on the rail link.
Taoyuan's passenger volume will likely hit a high of around 25 million this year, up some 16% from 21.6 million last year. Passenger volume at Taoyuan could reach 40 million to 50 million by 2030.
The government will hold an international competition next year for the design of terminal three, which is slated to be completed in six years at a cost of about NT$80 billion.
Source: The Wall Street Journal
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