Ninoy Aquino

Asian countries such as China, India, Philippines and Indonesia are set to invest more than $100bn in new airports in a bid to cater to the increasing passenger traffic.

Governments in the Asia-Pacific region are also planning to expand existing airports to cope with the increased influx of tourists.

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According to an Agence France-Presse report published in the South China Morning Post, the investment will fund the construction of new airports, which will accommodate the rising number of passengers.

Frost & Sullivan Asia-Pacific global vice-president Chris De Lavigne said: "During the next ten years, we will see more than 350 new airports in the Asia-Pacific region and the investment cost will be well over $100bn."

"During the next ten years, we will see more than 350 new airports in the Asia-Pacific region and the investment cost will be well over $100bn."

"China is building more than 100 airports, India is building more than 60 airports and Indonesia will also have to follow suit with investments in its infrastructure."

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According to the United Nations World Tourism Organization, tourism in the Asia-Pacific region in the first four months of the year increased by more than 6%, which is higher than the global average of 5%.

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South Asian countries witnessed a yearly growth of more than 8% and the growth within the Asia Pacific region was said to be more.

China is set to build an $11bn airport in Beijing, which is expected to open in 2018 and will have the capacity to handle 40 million passengers.

Plans are ahead for a full replacement of Ninoy Aquino International Airport in Manila.

Built in 1981 to handle six million passengers a year, the airport’s Terminal 1 is currently undergoing a renovation.

Image: Ninoy Aquino International Airport’s facade of Terminal 3. Photo: courtesy of Mithril Cloud.