Singapore to double Changi Airport capacity over the next decade

T4 to be built by 2017.

According to a report by Bloomberg, Singapore plans to almost double the capacity of its airport over the next decade with two terminals as the economic growth in the Asia-Pacific region makes it more affordable for people to travel by air.

Changi airport, Asia’s second-busiest for international travel, is expected to handle about 5 percent more passengers each year through the next decade, Singapore’s Transport Minister Lui Tuck Yew said yesterday.

A fourth terminal, which will be built by 2017 at a cost of S$1.28 billion ($1 billion), will handle 16 million passengers annually. A fifth will be added in the middle of the next decade to handle 50 million travelers, he said.

Read full report here.