Beijing plans new airport to alleviate pressure on BCIA

Beijing plans to construct a second major airport within the next five years with capacity to handle 60 million passengers p/a, easing pressure on Beijing Capital International Airport (BNO News/China Daily, 12-Jan-2011). The Beijing Municipal Commission of Development and Reform said the project has not yet been approved by the central government. Construction is likely to commence in 2011 with total investment estimated of at least USD15 billion (CNY100 billion). CAAC plans to invest USD8.3 billion (CNY55 billion) on the construction of 11 airports around the country in 2011.