New Melbourne Airport
- Victorian Government
- Investment (USD):
Victoria’s Government outlined plans of establishing a new airport in Melbourne’s south-east region as part of its Plan Melbourne 2017-2050. The government is expected to secure a site for the new airport by 2021, the value of which is estimated at AUD5 billion (USD3.7 billion) for the entire site. The airport, which will become the city's third commercial airport, is planned for commercial service operation in 2030.
16-Mar-2017. Victoria Government, in its Plan Melbourne 2017-2050 document, announced plans to establish a new airport in Melbourne’s south-east region to ensure air transportation service remains efficient. The government intends to finalise a preferred site beyond Koo Wee Rup by 2021. The selected site will be preserved by incorporating planning protection for flight paths and noise contours and alignment for a connection to Clyde rail line.
15-Mar-2017. Victoria Government committed AUD5 billion (USD3.7 billion) over the next five years to secure the site for a third commercial airport in Melbourne. The proposed airport will have a catchment area covering the 35% of the Victorian population that lives in the southeast region. Private company Paragon Business Group has offered to develop the airport that is expected to commence operation in 2030.
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