Brisbane Airport $3.8 billion upgrade plan gets approval
There’s exciting news for Brisbane Airport as the Federal Government has given the go ahead for the 20 year Master Plan, expected to cost $3.8 billion.
This plan includes major developments including a brand new parallel runway which has just started construction, upgraded domestic and international terminal facilities, as well as a regional satellite facility and transport networks improvements.
This 20 year plan will help increase trade and tourism within the state and put Brisbane on the map as an increasingly popular destination, with passenger growth expected to increase significantly.
According to Helen Clarke, the Airport spokeswoman, “Brisbane had one of the fastest growing airport precincts in the country”.
She also mentioned that, “the airport will expand over time – in 20 years’ time it will be about the same size as Singapore and Hong Kong airports.”
By 2034, it is expected that there will be approximately 49 million passengers a year travelling through the airport, making Brisbane an increasingly more important gateway in Australia to travel to and from.
Looking back in time, between July 2013 – June 2014, Brisbane Airport received just under 22 million passengers and passenger numbers have increased year upon year.
The Master Plan will create a great many more new jobs and will help boost the economy. Currently there are about 21,000 full time workers within the airport precinct, and this number is set to increase by 30,000 to 51,000 full time jobs over the next 20 years, contributing to $8.2 billion to the Queensland economy.
The vision of the BAC is for Brisbane Airport to become world best and the preferred choice for passengers, airlines, businesses and the community. I guess only time will tell.
Published on 12th of February 2015 by Marty Stanowich