The CAPA Airport Construction and Capex database presently has over USD385 billion of projects indicated globally, led by Asia with just over USD115 billion of projects either in progress or planned for and with a good chance of completion. China, with 69 regional airports to be constructed by 2015, is the most active, adding to the existing 193. But some Asian countries, notably India and Indonesia, each with extended near-or more than double digit growth, are lagging badly in introducing new infrastructure.
The Middle East is also undertaking major investment, notably in the Gulf airports, as the world-changing operations of its main airlines continue to expand rapidly. But Saudi Arabia and Oman are also embarked on major expansions.
Istanbul's new airport starts to take shape in 2014, with completion of the world's biggest facility due to be completed by 2019. Meanwhile, in Brazil, the race is on to have sufficient capacity in place for the football world cup, due to commence in Jun-2014.
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