Australia’s Brisbane Airport Corporation (BAC) has released its preliminary draft 2014 Master Plan, as part of its strategy to invest nearly $2.5bn in airport infrastructure over the next two decades.
BAC CEO and managing director Julieanne Alroe said: "We have looked at the 2,700ha that encompasses Brisbane Airport to see where we can best plan for the future.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
"Whether it’s a bike path, new road or terminal expansion, every aspect is addressed within the Master Plan.
"While the Master Plan is the blueprint for development to meet future demand, it also forms the platform for BAC’s ongoing contribution to the local, state and national economy over coming decades and we welcome input from our community about these plans."
The 2014 preliminary draft plan highlights that the number of passengers travelling through Brisbane Airport is expected to more than double to 48 million annually by 2034.
The development of Brisbane Airport is expected to provide $8.2bn to the Queensland economy, while offering nearly 51,500 full time jobs within the next two decades.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe plan also covers terminal expansions and transport development, as well as the creation of five sub-precincts to maintain business clusters and generate a sense of identity and community.
Additional proposals include various measures for airspace protection for ongoing management of safe and efficient movement of aircraft to and from Brisbane Airport, adhering to relevant regulations, processes and guidelines.
The Master Plan will be submitted to the Australian Government for approval following completion of the public comment period.
Image: Brisbane International Airport. Photo: courtesy of Nate Cull.
