Brisbane Airport's $4 billion expansion plan gains federal approval
03 Feb 2015
The Federal Government has approved a 20-year development plan for the Brisbane Airport precinct.
The strategy includes construction of a parallel runway, a regional satellite facility, upgraded domestic and international terminal facilities, and improvements to transport networks.
The Brisbane Airport Corporation has committed almost $4 billion to fund the new projects over the next decade.
Airport spokeswoman Helen Clarke said the plan would open up increased tourism and trade in the state.
She said Brisbane had one of the fastest growing airport precincts in the country.
"The airport will expand over time - in 20 years' time it will be about the same size as Singapore and Hong Kong airports.
"We see the addition of a mass transit system, having a high-frequency connection between the international and domestic terminals, as well as our new parallel runway.
"We expect that by 2034 there'll be about 49 million passengers a year travelling through the airport.
"Obviously we need to support those passengers with new infrastructure and new jobs." She said about 21,000 people currently worked full-time within the airport precinct. That number was expected to more than double to about 51,000 within the next 20 years.