Category: Air Transport / Industry / Business, Economics and Finance
Sunshine Coast Airport expansion gets go ahead with $181m loan
Thursday, 17 Nov 2016 15:03:05

Concept art for $347 million expansion to Sunshine Coast Airport - new international terminal + runway. Work to begin early 2017. (Supplied: Sunshine Coast Airport)
Work on the Sunshine Coast's new $347 million international airport will begin early next year after the Federal Government approved a $181 million concessional loan for a new runway and terminal.
The upgrade will allow more direct international flights, currently there is only seasonal flights to New Zealand.
Work on the new international airport will begin early next year and is expected to take four years.
Domestically the airport has limited flights south and none north.
With the upgrade, 787 Dreamliners will be able to fly in from Asia.
"A world class tourism destination and a highly desirable place to live like the Sunshine Coast needs a world class airport," Federal Infrastructure and Transport Minister Darren Chester said.
"It does need an international airport and this is the next step along that journey."
Independent assessment value the economic benefit of the upgrade at $4.1 billion in the 20 years after it opens.
"It will also be the impetus for a range of investment on the Sunshine Coast potentially unlike we've ever seen before in terms of international hotel opportunities and tourism attractions," Sunshine Coast Mayor Mark Jamieson said.
"Up until this stage our ability to participate in international tourism has been severely limited by access and this new airport will solve that problem."
Visit Sunshine Coast CEO Simon Latchford said it would also open up export opportunities for local seafood and produce into Asian markets.
"It is another extraordinary result created by Sunshine Coast Council and it is a complete game changer for this region," he said.
Not enough demand for international airport: residents
Council said the new runway alignment meant less people would be affected by aircraft noise, but that was no consolation for the beachside suburb of Mudjimba.
Mudjimba Residents Association's Martin Peelgrane said ratepayers fear they could be left with a $347 million bill if the project fails.
He said it was too close to the Brisbane Airport and there was not enough demand on the coast.
"For Mudjimba it's a bit of a disaster because this flight path is basically going to be directly overhead so it's tragic for Mudjimba which is a nice sleepy hollow and previously it was safely in the quadrant between the two runways," Mr Peelgrane said.
In the next few weeks council will announce the successful bidder who will invest the remaining $166 million required for the project.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.