Wednesday, September 19, 2012

Taiwan boosts airport amid China tourism boom






Façade of the Departure Hall, Terminal 2, of Taoyuan International Airport. Seeing a boom in tourism from China, Taiwan will spend Tw$463 billion ($15.4 billion) on a new terminal and other facilities, the government said Wednesday, Sept. 19, 2012. PHOTO FROM TAOYUAN-AIRPORT.COM



TAIPEI—Taiwan, which is seeing a boom in tourism from China, will spend Tw$463 billion ($15.4 billion) on a new terminal and other facilities at its main airport, the government said Wednesday.


In addition to a third terminal at the Taoyuan international airport in the island’s north, the surrounding area will get an aerospace industrial park and special zones for cargo and logistics, said the transportation ministry.


Taiwan, which relaxed controls on travel from China in 2008, received 1.78 million Chinese tourists last year, and calls have been mounting for better facilities to accommodate the growing inflow.


The new terminal, the centerpiece of the “Taoyuan Aerotropolis” project with a budget of Tw$50 billion, is set to begin in 2014 and is expected to start operating in 2018, the ministry said.


The project is expected to generate Tw$2.3 trillion in economic benefits and 260,000 new jobs as well as Tw$84 billion in tax revenues for the government.


The airport, which was inaugurated 30 years ago, has been a frequent target of criticism, with complaints ranging from leaking toilets and roofs to a lack of trolleys.


International visitors to the island reached a record 6.08 million in 2011, compared with the previous high of 5.5 million in 2010, according to the tourism bureau.


Follow Us


Recent Stories:


Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Short URL: http://business.inquirer.net/?p=82850


Tags: aviation , China , Investment , Taiwan , Tourism



Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:




seo tools

No comments:

Post a Comment