Jakarta Airport commences expansion project

Indonesia’s PT Angkasa Pura II commenced the Jakarta Soekarno-Hatta International Airport expansion project on 02-Aug-2012, according to local medial reports by Antara News and The Jakarta Post. The project aims to increase airport capacity from 22 million to 62 million passengers p/a. Priority will be given to development of Terminal 3 and expansion of the aircraft apron. The project is expected to be complete in 2014 and operational by 2015. Details of the project are as follows:

• Expansion of Terminal 3 capacity from 4 million to 25 million passengers p/a at a cost of IDR3.8 trillion (USD401.5 million);
• Construction of additional aircraft apron area to increase parking space from 125 to 174 aircraft and improve access for large widebody aircraft at a cost of IDR1 trillion (USD105.6 million);
• Expansion of Terminal 1 capacity from 9 million to 18 million passengers p/a at a cost of IDR1.7 trillion (USD179.6 million);
• Expansion of Terminal 2 capacity from 9 million to 19 million passengers p/a at a cost of IDR1.1 trillion (USD116.2 million);
• Runway development to allow 234 aircraft movements per hour by the end of 2013;
• Expansion of cargo terminal capacity from 500,000 tons to 1.5 million tons of cargo p/a by the end of 2013.

The expansion of Terminal 3 and the aircraft apron (USD507.4 million) is to by funded by Angkasa Pura II. The expansion of Terminals 1 and 2 (USD296 million) is to be 30% privately funded and 70% funded from bank loans and bonds. Angkasa Pura II is also in the process of acquiring 830 hectares of land for the project.

PT Angkasa Pura II: “The airport expansion project is a major part of the government’s efforts to overcome transportation problems relating to capacity, accessibility and connectivity, as well as environmental aspects,” Tri S Sunoko, director. Source: Antara News, 02-Aug-2012.

Indonesian President: “the demand in the airline industry is rising significantly due to our strong economic growth. By expanding Soekarno-Hatta International Airport, we hope it will bring more benefits to our economy because transportation is the key to better developing the country,” Indonesian President Susilo Bambang Yudhoyono. Source: The Jakarta Post, 02-Aug-2012.

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