Financial Times FT.com

South Korean airport set to expand

By Song Jung-a in Seoul

Published: June 29 2009 17:05 | Last updated: June 29 2009 17:05

South Korea plans to spend about Won4,000bn ($3.1bn, €2.2bn, £1.9bn) by 2015 to expand Incheon Inter­national Airport – already voted the world’s best for its high-tech facilities.

The government plans to add a new passenger terminal and expand its cargo terminal, roads and other infrastructure to help the airport handle 41 per cent more passengers a year and 29 per cent more cargo by 2015. Incheon’s expansion will be funded with the ­airport’s operating profit.

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