Korean Government preparing for Incheon IPO?
The Korean Government this week announced it is considering
listing between 20 and 30% of shares of a variety of state-run companies, including
Incheon International Airport Corporation, operator of Incheon International
Airport, although further details were not disclosed. The Centre for Asia Pacific
Aviation previously forecast that the airport would be at least partly privatised
after 2008, when Phase II construction phase is complete. [491 words]