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Green Light For Jakarta Airport Expansion

Category: Tourism, Posted:13 Aug 2012 | 06:00 am

A groundbreaking ceremony led by Indonesian President Susilo Bambang Yudhoyno has kicked off the US$805 million dollar expansion of Jakarta's Soekarno-Hatta Airport.
Once fully completed by 2014 the upgrades to the three existing passenger terminals and new apron will provide a capacity of 62 million passengers.
Last year the number of travellers rose above 50 million signaling a longer-term issue of capacity. According to the Airport Council International the facility is the fastest growing in the world.
To address this current options are to either build a second airport in Karawang or to add a third runaway and add on an additional 4th terminal.
With air travel continuing to push up in Asia, the quandary of aging airports, which cannot be substantially pushed outwards, is creating a series of infrastructure challenges in most markets.

Other News

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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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