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Spending on airports to soar in 5 years
www.chinaview.cn 2006-05-09 07:06:56

    By 2010, the province will have 15 airports, up from 10 now, forming a comprehensive network linking all parts of Yunnan with the outside world, specially southeastern and southern Asia.

    "All the projects, national or local, will offer investment opportunities for investors at home and abroad," said Zhao.

    China opened the aviation infrastructure sector to foreign and domestic investment in 2002; and there have been many takers.

    For instance, German airport operator Fraport recently bought a 25 per cent stake in East China's Ningbo airport and is in talks for an even bigger stake in Xi'an's Xianyang airport in Northwest China.

    Experts said that airport development is vital to keep pace with soaring air traffic. Last year, domestic airlines carried 138 million passengers, up 15.5 per cent from the previous year, and 3.4 million tons of cargo, up 13.8 per cent.

    The CAAC said it expects passenger and cargo traffic to grow at an average of 14 per cent annually until 2010, with growth slowing to 11 per cent annually from 2011 to 2020.

    "The current number of airports does not match the present and long-term needs of China," said Gao Jinhua, professor at Tianjin School of Civil Aviation Management.

    According to CAAC figures, there are only 142 certified airports to serve a population of just over 1.3 billion. In comparison, the United States, with 270 million people, has 14,807 airports; and Australia, with just over 20 million, has 444.

    "The challenge is not only to increase the number of airports but to improve existing infrastructure as well," said Gao.

    The World Tourism Organization estimated recently that China would be the fourth-largest international source of leisure travellers by 2020, predicting about 100 million international Chinese tourists that year; and the country to become the world's top inbound tourist destination the same year.

    But of the current 142 airports, only 25 are equipped to handle large aircraft such as the Boeing 747.

(Source: China Daily)


Editor: Yan Zhonghua
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