Inchon International Airport progresses to second step of construction

For construction of the Northeast Asia Hub port, Inchon International Airport's passing into the second step of construction is going favorably.
According to the Inchon International Airport Corporation, the second project for Inchon Airport construction is beginning earnestly. The business will be capitalized with 4 trillion 7.032 billions won by 2008.
Practically, it started the IAT (Intra Airport Transit) system building between passenger boarding areas and passenger terminals at the end of last month. It began to construct the third landing strip ground at the first of this month. This second business will use an additional 2.5 million pyong (1 pyoung is about 3.3 sq. m).
Especially, since 1997 Boeing and Airbus have been developing the next generation of 500-seat airplanes, so a long landing strip of 4,000 meters length will be constructed in anticipation of the new airplanes in 2006. Docks for 56 airplanes and passenger boarding areas to handle 30 airplanes will also be built.
Airplane operation of Inchon International Airport will increase from 240 thousand flights at present to 410 thousand a year. It will see between 30 and 40 million passengers yearly and will handle between 2.7 and 4.5 million tons of cargo annually when construction is complete.
The Inchon International Airport Corporation expects that it will be among the world's top ten airports and one of the top two in Asia for passenger transportation, and in the world's top three airports and top two in Asia for cargo handling. It expects that the second step of construction will employ 40,000 people a day and inject about 7 trillion won into the economy for the construction step alone.
Employment for 3,700 people and cargo increases of 21% due to the Inchon International Airport CFZ (Customs Free Zone) will bring in 6.5 billion dollars a year.
An official from the corporation said, "The ability of the Inchon International Airport facility will increase through this second step of construction," and added, "The construction positively affects the domestic construction condition."