7. March 2011 11:23
The Chinese Civil Aviation Administration recently announced to build 45 new airports in the next five years. The move is aimed at serving the booming travel in China. The authorities plan to invest USD 230 billion on the expansion of air travel.
According to a top aviation official, some 130 airports of the total 175 existing airport were at a loss until last year, but now the government will support them to boost the local economic growth. The construction of new airports will connect the remote farming areas with more prosperous major cities. This will boost the income as the fresh fruits and vegetable could then be easily transported in a short span of time.
It is being expected that China’s air travel market will surpass the North American and shall be the world’s biggest in the coming decades.
Though the management did not specify the area where the new airports will be constructed, yet Beijing is spending heavily to develop the underdeveloped areas and is also expecting to increase the number of airports to 220.