Palestinian Authority (PA) announced plans to build an international airport near Jerusalem (Arab News, 16-Apr-2011). The airport is expected to handle all Palestinian civil and cargo service. The airport, which is to be built in a area between Jerusalem and Jericho, will cost USD340 million. Government planners have said that they have received approval from the International Civil Aviation Organisation (ICAO), and that they are seeking international funding. Transport Minister Sa’di Al-Kronz said the Palestinian Authority would not seek the pproval of Israeli government as the construction of an airport in the West Bank is included in the Oslo peace accord.
Palestinian Authority to build airport
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The annual airport construction overview report for 2017 focuses on Latin America and Africa, two regions that are often overlooked but which make their contribution to the global total of activity. One of them, Africa, is surprisingly strong in new airport construction, as long as the funding can be found, which is no easy task.
The total known global investment on airport projects continues to grow, and hovers close to the USD1 trillion mark; and with Asia Pacific the overall leader.
There are, however, anomalies, with some regions witnessing many projects but small investment figures, and vice versa. This report attempts to explain those anomalies while offering a breakdown of the biggest projects in each region.
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