Brisbane Airport development takes off with Master Plan approved
03 February 2015
Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss has approved Brisbane Airport's 2014 Master Plan, setting out the airport's strategic direction for the next 20 years.
The Master Plan proposes several significant infrastructure developments at Brisbane Airport to accommodate predicted growth in passenger and aircraft movements. The Master Plan provides for works associated with the New Parallel Runway, a Regional Satellite Facility, upgraded terminal facilities and improved road and transport networks.
In 2012–13 Brisbane Airport and businesses operating on the airport precinct directly contributed $3.3 billion (Gross Value Added) to the Queensland economy.
By 2034 it is estimated Brisbane Airport will contribute more than $8.2 billion to the economy and provide nearly 51,000 jobs.
“Brisbane Airport is one of Australia's fastest growing passenger and freight airports and the developments outlined in the 2014 Master Plan will be key to easing congestion and increasing capacity,” Mr Truss said.
“Brisbane Airport plays a significant role in Queensland's economy, generating jobs, investment and tourism and the proposed infrastructure investments will provide benefits to the local, state, regional and national economies.
“The New Parallel Runway will be a key development for Brisbane and once completed in 2020 will support the same level of capacity as airports like Hong Kong and Singapore.
“The Australian Government strongly supports measures to better understand and mitigate against the impacts of aircraft noise, and Brisbane Airport is being encouraged to continue working with the community to manage this important issue.”