Huge Investment Planned for Airport Construction Projects
- Published:Thursday, May 31, 2018
Investment in airport construction projects is expected to expand in line with the continued increase in air travel and the fast pace of economic growth in the Asia-Pacific and Middle East regions.
The global pipeline of airport construction projects has a value of US$737 billion. Asia-Pacific leads investment in airport construction projects in terms of the global regions, with a project pipeline valued at US$241.4 billion, according to the Construction Intelligence Center (CIC). This includes US$67.1 billion in China and US$38.2 billion in the Philippines. The US dominates investment in airport construction with a project pipeline valued at US$114.9 billion, which accounts for a large share of the total in the Americas region, of US$153.7 billion.
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