The federal government has approved master plans for both Perth and Adelaide airports, saying expansion will support future growth in both airport employment and the number of visiting passengers.
Perth Airport currently facilitates more than 17,000 jobs and contributes an estimated $2.61bn to Western Australia’s gross regional product (GRP). These figures are expected to increase to 42,000 jobs and a GRP contribution of $7.04bn by 2034, according to an airport press release.
The Perth master plan approval sees the airport move one step closer to building a proposed third runway and terminal.
Perth Airport will also work with the Western Australian state government to finalise a route and station locations for the proposed Forrestfield-Airport rail link, an 8.5km rail link that will connect Forrestfield to Perth city with a new train line.
“The Master Plan recognises that the airport needs to develop integrated plans that complement Perth’s broader urban and infrastructure plans, and take into account the impact of airport development on surrounding communities and the environment,” said Perth Airport chief executive, Brad Geatches.
Formal approval was granted for the master plan of Adelaide Airport, which is the largest single site employer in the state, contributing more than $1.9bn to the South Australian economy, based on the airport’s figures.
Jobs supported by the airport are expected to double to 37,100 by 2034.
“The investment programme recognises the importance of expansion to support a growing airport jobs and customer base, and includes plans to better integrate regional airline services into the main terminal,” said Minister for Infrastructure and Regional Development Warren Truss…
Read more by Emily Guterres, My Wealth News 19 January 2015