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19-Aug-2013 1:48 PM

Singapore Changi Airport announces plans for mixed-use complex and terminal one expansion

Singapore Changi Airport released (19-Aug-2013) concept plans for a mixed-use complex offering aviation and travel-related facilities, retail offerings and leisure attractions. The facility, named 'Project Jewel', will be constructed on a 3.5 hectare site fronting terminal one, currently occupied by a car park, and will be connected to terminals one, two and three. The project also includes the expansion of terminal one to provide more space in the arrivals hall, baggage claim and taxi bays and increase the capacity of the terminal to 24 million passengers p/a. Changi Airport Group is working with CapitaMalls Asia on the concept and plans for the project and the parties are exploring a JV to develop and manage the completed facility. The concept is designed to increase Singapore's appeal as a stopover point for travellers and strengthen the airport's position as an international hub. Changi Airport Group CEO Lee Seow Hiang said, "To strengthen Changi Airport's competitive advantage and ensure that we continue to capture passenger mindshare and traffic, we must take deliberate steps to enhance Changi's attractiveness as a stopover point. With Project Jewel, we are pleased to be developing an exciting product that will swing travellers to choose Changi Airport, and Singapore." [more - original PR]

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