• 2025.10.26 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Industry

Incheon International Airport Opens Phase 4, Becomes World's Third Busiest

Desk / Updated : 2024-11-30 07:15:06
  • -
  • +
  • Print


Incheon, South Korea – Incheon International Airport celebrated the grand opening of its Phase 4 expansion on November 29th, solidifying its position as the world's third busiest airport with a capacity to handle over 100 million passengers annually.

The ambitious expansion project, which involved a total investment of 4.8 trillion won, included the enlargement of Terminal 2 and the construction of a fourth runway. The runway construction was completed in June 2021.

The latest expansion added a 750-meter "wing" structure to both sides of Terminal 2, creating 75 new aircraft stands. This expansion more than doubled the terminal's size from 387,000 square meters to 734,000 square meters. The expanded area of Terminal 2 will be fully operational starting from December 3rd.

With the completion of Phase 4, Incheon Airport's annual international passenger handling capacity has increased by 37.6% to 106 million passengers. Only Istanbul Airport in Turkey (150 million passengers) and Dubai International Airport in the United Arab Emirates (118 million passengers) have a higher annual capacity. Notably, Incheon Airport is now the only airport in the world with two terminals capable of handling over 50 million international passengers annually.

The airport's cargo handling capacity has also increased from 5 million tons to 6.3 million tons, making it the second busiest cargo airport globally. This expansion is expected to further solidify Incheon Airport's position as a global hub for semiconductor logistics, as it handles 98% of South Korea's semiconductor exports.

To enhance passenger experience, Incheon Airport has introduced various smart services, including an expanded "Smart Pass" system that utilizes AI and biometric recognition for streamlined identity verification. The airport has also implemented self-driving vehicles for passengers with disabilities and installed unmanned information kiosks for easy navigation.

In addition to its focus on efficiency, Incheon Airport is also committed to providing a cultural experience for passengers. The airport features various art installations and digital content, as well as an outdoor park within the terminal.

Minister of Land, Infrastructure and Transport, Park Sang-woo, praised the successful completion of the Phase 4 expansion, stating that it is a testament to the government's long-term vision for the airport. "With the opening of Phase 4, Incheon Airport will serve as a new benchmark for Korea's leap forward," he said.

Lee Hak-jae, President of Incheon International Airport Corporation, expressed his satisfaction with the achievement, stating, "The completion of Phase 4 positions Incheon Airport as a world-class mega-hub. However, we anticipate reaching full capacity by 2033, and therefore, we will actively discuss with the government to initiate Phase 5, which includes the construction of a third terminal and a fifth runway."

The expansion of Incheon International Airport is expected to significantly boost South Korea's economy and enhance its global connectivity.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
Desk
Desk

Popular articles

  • Korean Gold Rush Overheats as 'Kimchi Premium' Hits Dangerous Levels

  • KOSPI Sensitive to Global Headwinds Ahead of Holiday Break

  • Starbucks Initiates $1 Billion North American Overhaul Amidst Performance Woes

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065564724696917 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery
  • South Korea to Launch Government-Led AI Certification to Combat Market Confusion
  • South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
  • Hwangnam-ppang: Gyeongju's 85-Year-Old Secret to Sweet Success
  • Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification
  • Korean Expatriates in Cambodia Face Economic Crisis and Anti-Korean Sentiment Amid Crime Wave

Most Viewed

1
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
2
Gyeongju International Marathon Elevated to 'Elite Label' Status, Welcomes Record 15,000 Runners  
3
Deadly Clan Clashes Erupt in Gaza as Israeli Forces Withdraw
4
South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
5
Global Chip War Intensifies: Micron Woos Korean Engineers with Lucrative Offers, Up to 200 Million KRW Salary
광고문의
임시1
임시3
임시2

Hot Issue

Minister Choi Hwiyoung Vows 'One-Strike Out' Policy Amidst Surge in Abuse Reports

ROK President Lee Faces Major Diplomatic Test with APEC Super Week

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE