Sydney's Second International Airport Approved

[BC Tam 2]

Australia has approved the construction of a second international airport in Sydney at the cost of $2.4bn (£1.4bn).

 

The new facility will be located at Badgerys Creek, in western Sydney.

 

Planning and design work would start immediately, Prime Minister Tony Abbott said, with construction expected to begin in 2016. Funding would come mostly from the private sector.

 

The green light from Mr Abbott's government comes nearly 70 years after the idea was first debated.

from: http://www.bbc.com/news/business-27030815

 

70 years is an extremely long gestation period by any standard

[KK Lee 5]

KLIA was initially budgeted for RM9bn and ended up about RM12bn. SYD2 budget of A$2.4bn is under budget.

[Josh T 0]

I wonder who will end up using SYD2