Myanmar plans to open new international airport in 2022
Work will begin on Myanmar's new Hanthawaddy international airport in the New Year after the country's government signs a final agreement with the consortium in charge of construction. The new US$2 billion airport, situated north of Yangon (Rangoon), will become the main gateway to the country when it opens in 2022.
The government of Myanmar (Burma) in the Southeast Asian has announced that construction will begin on the new Hanthawaddy international airport at the start of next year after the final agreement is signed between the state and the Japanese-Singapore consortium in charge of the US$2 billion project.
Deputy Director General of the Department of Civil Aviation under the Ministry of Transport and Communications, U Ye Htut Aung, told Myanmar news service:
"The Irrawaddy that further negotiations will be held with the consortium, but it is estimated that construction will start at the beginning of next year after signing the concession agreement."
The new airport will be situated to the north of Yangon (Rangoon), the country’s former capital and its biggest city, on more than 9,500 acres of land that includes the site of an old airport near the town of Pegu. It will replace Yangon as the major gateway into Myanmar and the existing airport in Yangon will serve mainly domestic flights.
Construction on the airport stalled a few years ago following the breakdown of negotiations on funding for the project. The new contract with a consortium that includes Singapore companies Yongnam Holdings and Changi Airports International, as well as Japan’s JGC Corporation was signed in 2014.
The consortium plans to complete the first phase of the Hanthawaddy project within five years by 2022, when the airport should be able to handle up to 12 million passengers per annum. However a second phase of the project will bring airport capacity up to 30 million passengers per year, according to U Ye Htut Aung.
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