- Central Government
- Investment (USD):
- 1,200m × 30m
Heuksan Airport is a proposed airport development that will serve Heuksan Island. The government expects to invest KRW183.5 billion (USD149 million) on Heuksan Airport, stating it will have one 1200m by 30m runway and will be able to accommodate 50-seat propeller-powered regional passenger aircraft. The Ministry expects Heuksan Airport will be opened in 2020.
Dec-2020. South Korea's National Assembly allocated KRW6.9 billion (USD6.3 million) to MOLIT for the Heuksan Airport development project.
Jul-2020. Korea Airports Corporation plans to issue construction bonds valued at approximately KRW350 billion (USD291.7 million) in 2020, to raise funds for the development of New Jeju Airport, Ulleungdo Island Airport and Heuksan Airport and expansion of Busan Gimhae Airport.
Jul-2018. South Korea's Vice Minister of Environment Ahn Byung-ok reported the Ministry of Environment and National Parks Commission plans to hold an additional panel review meeting in Sep-2018 before deciding whether to permit the development of Heuksan Airport.
Mar-2018. Jeonnam Provincial Council passed a resolution calling for Heuksan Airport construction works to commence by the end of 2018.
Sep-2017. South Korea's Ministry of Land, Infrastructure and Transport confirmed it allocated KRW20.9 billion (USD18.2 million) for land procurement and design planning for the Heuksan Airport development project in FY2017 and plans to allocate KRW16.8 billion (USD14.6 million) for construction works for the new airport in FY2018. MOLIT also stated it expects construction of Heuksan to be complete by 2021.
Aug-2017. South Korea's Kumho Industrial led consortium submitted a basic design draft for the Heuksan Airport development project to the Ministry of Land, Infrastructure and Transport (MOLIT) on 10-Aug-2017.
Dec-2015. South Korea will commence contruction two small airports on two remote islands of Ulleung and Heuksan starting in 2017, according to South Korea's Ministry of Land, Infrastructure and Transport. The government expects to invest KRW580.5 billion (USD499.1 million) on constructing the airport for Ulleung and KRW183.5 billion (USD149 million) on Heuksan. The ministry said that the airports will both have one 1200m by 30m runway and will be able to accommodate 50-seat propeller-powered regional passenger aircraft. Bidding for the Ulleung Airport construction will be completed by the end of 2015 while competition to build the Heuksan Airport will be held in early 2016. The Ministry said: "Heuksan airport will be opened in 2020, with Ulleung to follow a year later," the ministry said.
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