YANGON, Myanmar – Myanmar says a consortium headed by South Korea's Incheon will build a new international airport to help the Southeast Asian country cope with an influx of tourists and business executives.
Efforts to construct the sprawling $1 billion Hanthawaddy airport — the second international hub for the main city of Yangon — have been on again-off again for almost two decades.
The airport is currently scheduled for completion by 2018. Authorities say it will eventually be able to accommodate 35 million passengers per year.
The New Light of Myanmar newspaper said Saturday that the Incheon Airport Consortium was among 30 companies that showed interest in the project.
The existing Yangon International Airport can now handle 2.7 million passengers a year. It's also expanding, with plans to reach 6 million in 2017.
Source: http://www.news.myanmaronlinecentre.com/2013/08/11/consortium-headed-by-south-koreas-incheon-wins-bid-to-build-new-myanmar-airport/
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