Feb 06, 2018 Market Comments Off on Completion of Taoyuan airport Terminal 3 likely to be delayed: TTIA
Taipei, The completion of construction work on Terminal 3 at Taiwan Taoyuan International Airport (TTIA) is likely be delayed, according to Taiwan Taoyuan International Airport Co. Ltd. (TIAC) Senior Vice President Lee Jian-kuo (???) Tuesday.
TIAC originally expected construction of the third terminal to be completed by 2020 and to start six months of trial operations in the first half of 2021, followed by the official opening.
The third terminal will increase the passenger volume the airport can handle by up to 20 million annually.
Lee said bids for the main work on the third terminal are expected to be submitted in May, but feedback from construction companies indicates the project will be difficult to complete by the end of 2020.
After more construction firms are consulted, a more acceptable time schedule will be formulated, though currently it is not yet clear how long the third terminal will be delayed, said Lee.
Last year passenger volume at TTIA reached 45 million, but the airport's two existing terminals are only designed to service 35 million passengers annually.
When the expansion of terminal two is completed later this year the airport will be equipped to handle approximately 2 million more passengers.
However, as the airport grows increasingly crowded, TIAC is looking to the quick completion of the third terminal to relieve the pressure caused by the growing number of passengers.
TTIA's Terminal 3 is the largest single public infrastructure project undertaken in Taiwan since the Ten Major Construction Projects which were completed during 1973-79, estimates the TIAC.
The Ten Major Construction Projects included the North-South (Sun Yat-sen) Freeway, Taichung Harbor and Chiang Kai-shek International Airport which was later renamed TTIA.
The total cost for TTIA's Terminal 3 and an extra concourse which could be built later depending on need, and will accommodate up to 25 million passengers, is expected to be about NT$74.6 billion (US$2.54 billion), TTIA estimated.
Source: Fucus Taiwan
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