7-Feb-2017 11:53 AM

Seoul Incheon International Airport T2 development project progressing ahead of schedule

Seoul Incheon International Airport announced (07-Feb-2017) the third phase of the Terminal 2 development project is over 90% complete as of 05-Feb-2017, slightly ahead of the projected timeline. The new terminal is expected to launch operations in Oct-2017, raising passenger handling capacity from 54 million to 72 million p/a and cargo handling capacity from 4.5 million tonnes to 5.8 million tonnes p/a. Total expenses for the T2 development project are estimated at KRW4.93 trillion (USD4.32 billion) which will be internally funded by airport authorities. [more - original PR - Korean]

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