|New Yangon airport terminal opens|
The first phase of a new airport terminal in Yangon that will be capable of handling up to 20 million passengers a year when it is fully ready, was opened last week, according to the Myanmar Times.
Yangon Aerodrome Company Limited (YACL), an Asia World subsidiary, built the airport terminal in less than two years.
Myanmar Airways International, the recently re branded national carrier, will be the first to move into the new terminal, officials said, with the airline’s maiden departure scheduled for March 20.
Yangon’s existing international terminal, which is also managed by Asia World Group, will be re branded as Terminal 2. Work on a new domestic terminal has already begun and plans are being drawn up for an “airport city” comprising a cultural center, hotels, commercial and retail space.
Asia World was awarded a contract to build the US$660 million project in 2013 and as YACL, signed a concession agreement with the Department of Civil Aviation in 2015.
Around 88pc of flights into Myanmar land in Yangon. The airport has seen passenger numbers rise from 1.99 million in 2010 to 4.68 million in 2015, according to literature distributed by YACL.
Weekly international flights from Yangon increased 3.88 times between 2010 and 2015. Twenty-eight international airlines now fly into Yangon and several more have confirmed new routes – Emirates Airlines, for example, will begin daily flights to Dubai in August and Hong Kong Express will launch flights later this year.
YACL targets 8 million international arrivals through the airport in three years, according to the report.
Ref: The Myanmar Times