[THE INVESTOR] The existing Gimhae Airport near Busan will be expanded instead of building a new airport. The government had reviewed plans to build a new airport in the region, with Miryang and Busan’s Gadeokdo Island thought to be the most likely sites.
With the project estimated to cost as much as 10 trillion won (US$ 8.6 billion), the project has been at the center of heated debate and controversy, with critics saying the new airport could fail.
By Choi He-suk (
cheesuk@heraldcorp.com)