Environmental Engineering Reference
In-Depth Information
Ta b l e 2 . 2
Major new airport projects (Continued)
Airport/terminal
Estimated investment
Opening date/major projects
Chicago-O'Hare
US$3.7 billion
Worldgate Terminal redevelop-
ment by 2005
Washington-Dulles
International
US$3.4 billion
new runway, terminal, people-
movers
South America
Mexico City
US$5.5 billion
stage 1 of second airport for the
capital
Buenos Aires
US$1.3 billion
Nueva Ezeisa project
Brazil
US$1.3 billion
modernization of Infraero airports
(US$350 million)
Africa
Johannesburg/Cape Town/
Durban; and Durban-La
Mercy
US$765 million (ZAR 3 billion) upgrading within the next three
years in 2010
Khartoum
US$750 million
completely new airport planned
Dakar
US$580 million
complete rehabilitation of all
facilities by 2005
Asia-Pacific
Tokyo (third airport)
US$35 billion (with reclamation) planned
Kansai (second runway,
terminal)
US$14.6 billion
(JPY1.56 trillion)
by 2007; construction under
way
Inchon International
(New Seoul Airport)
US$6.7 billion
phase I to open on January 2001
Nagoya-Chubu
International, Japan
US$6.4 billion (JYP 786 billion) by 2005 for World Expo at
Nagoya
The UK provided the first example of full privatization when the seven airports of the
British Airways Alliance were fully privatized in 1987 and 16 local-authority-owned
airports were commercialized. To date, more than 60 countries across the world have
introduced some kind of private-sector involvement into the ownership, financing
and/or management of their airports. Examples include Australia, New Zealand, Can-
ada, the UK, South Africa, the US, Italy, Germany, Denmark, Mexico, Uraguay, Japan,
Hong Kong, Malaysia, Mexico, India, Vietnam, Austria, the Philippines, Singapore
and Switzerland (GAO, 1998; Ashford, 1999). A diverse and dynamic pattern of
airport ownership has begun to emerge that includes the forms listed in Box 2.1.
