Australia’s Adelaide Airport has announced plans to invest $1bn in its infrastructure, in order to cater to the increasing passenger traffic.
As part of the investment, the airport has released a new draft master plan, which covers its objectives for growth, jobs and development over the next 20 years.
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The investment will see the construction of a new general aviation terminal at the airport, as part of its five-year infrastructure investment programme.
Adelaide Airport also plans to establish a 250-room hotel, expand the southern end of the main terminal, the international arrivals hall and main security checkpoints, as well as develop a taxi drop-off area north of the terminal plaza and a light-rail corridor.
The Guardian newspaper reports that the airport will also install additional international arrival gates, as well as provide more retail space and airline lounges.
Adelaide Airport managing director Mark Young said: "We anticipate ongoing international passenger growth of 5.8% and domestic growth of 4.1% per annum over the next 20 years.
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By GlobalData"The airport already contributes about $2bn annually to the South Australian economy and if the plan goes ahead, it expects to be able to double that benefit over the next two decades."
The infrastructure investment is expected to create 3,500 new jobs at the airport, which currently employs 12,000 people.
Image: Adelaide Airport entrance. Photo: courtesy of Blnguyen.
