Background
- With the steady increase in global aviation demand, the airport development market has been continuously expanding including the modernization of existing airports and construction of new ones.
- By exporting Incheon Airport’s experience and expertise in airport construction and operation, the aim is to create new growth drivers and foster global leaders in the airport sector; thus ultimately generating sustainable corporate value and advancing as a global airport specialist.
Strategic Goal
Focus on Contractual Projects such as Operational Consulting
- Primarily Simple Consulting Projects
- No Previous Record of Operating Overseas Airports
Commencement of Overseas Airport Operations for the First Time by the Corporation
- Secured and Commenced Operations for the Kuwait T4 Operation Project and Batam Hang Nadim Airport PPP Project
- Possess Successful Operational Records for Overseas Airports
Fully Pursue Diversification Projects for Full-scale Orders
- Rise to the Global Top 5 Through Additional Orders for Diversification Projects
Plans by Business Model
Consulting (Airport Construction) | Master Planning, Feasibility Studies, Design Supervision, Project Management, Commissioning, etc. |
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Consulting (Airport Operations) | Improvement of Service Quality, Aviation Marketing, Increase of Non-aeronautical Revenue, IT Services, Flight Safety Systems, Aviation Security, etc. |
Equity Investment | Equity Investment in Overseas Airports with Potential for Business Expansion, Premised on Participation in Airport Operation |
Commissioned Operation | Participation in the Commissioned Operation of Small- to Medium-sized Airports and Engagement in Sector-specific Operations Through Strategic Alliances with Local Companies |
PPP Projects | Collaboration with Global EPC Firms for Project Implementation, Participating as Airport Operator and Strategic Investor (SI) |
Overseas Airport M&A | Acquisition and Merger of Small- to Medium-sized Airports Overseas with Growth Potential |
Establishment of a Specialized Overseas Business Subsidiary | Establishment of a specialized subsidiary with technical expertise to oversee Incheon Airport’s overseas projects |
Progress
- Established the Overseas Business Team in 2007
- Secured the first consulting project for Iraq’s Erbil New Airport in 2009
- To date, expanded to 31 projects across 15 countries (USD 746.64 million)
Iraq | Operational Consulting for Erbil (2009–2014) Delivered construction management consulting for Dohuk (2013–2016) |
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Turkey | Carried out operational consulting for Istanbul New Airport (2015–2021) |
Russia | Developed the master plan for Khabarovsk Airport (2009–2011) Engaged in equity investment in Khabarovsk (2011–2017) Dispatched airport experts to Khabarovsk (2011–2013) |
Uzbekistan | Conducted a feasibility study for the construction of the new Tashkent terminal (2016) Formulated operational improvements and development strategy for Tashkent Airport, Uzbekistan (2017–2018) |
Iran | Provided consulting services for Imam Khomeini Airport, Iran (2017) |
Bangladesh | Shared expertise in new airport development (2012–2013) |
Cambodia | Provided ICT consulting for Siem Reap New Airport (2010–2011) |
Indonesia | Dispatched experts to Jakarta Airport (2012) Offered operational support for Surabaya Airport (2012–2015) Provided project management consulting for Jakarta Airport (2013–2015) Formulated the master plan for Surabaya T3 (2014–2015) Supported the operations of Jakarta Airport T3 (2015–2017) Delivered educational consulting for 13 airports under Indonesia’s AP1 (2018–2020) Launched the operation and development project for Batam Airport, Indonesia (2022–2047) |
India | Dispatched experts for the ACI APEX program at Delhi Airport (2011) |
Nepal | Conducted a feasibility study for Nepal New Airport (2010–2011) |
Philippines | Formulated the master plan for Mactan–Cebu Airport (2010–2011) Dispatched experts to the Philippines' Department of Transportation and Communications (2010–2012) Provided technical consulting for Manila T3 (2012–2015) Developed a master plan for airports across the Philippines (2013–2015) Managed the construction of Palawan Airport (2012–2018) Provided technical consulting for Mactan-Cebu Airport (2015–2020) |
Paraguay | Dispatched master plan experts for national airports (2014) Formulated the national aviation development master plan (2015–2017) |
Dominican Republic | Provided consulting for immigration and customs at Dominican airports (2015–2016) |
Kuwait | Commissioned operation of Kuwait Airport T4 (2018–2023) |
Poland | Ongoing strategic consulting project for Poland’s new airport (2021–2024) |
Scope of Work
- The scope of work is categorized into three primary types: airport planning and construction, airport operational support and consulting, and investment projects
- Provided customized support services tailored to the specific characteristics of each individual airport
Consulting on Airport Planning and Construction
- Feasibility Studies (F/S)
- Master Planning
- Design Consulting
- VE(Value Engineering)
- Construction Management (CM)
- ORAT(Operational Readiness and Airport Transfer)
Airport Operations Consulting
- Formulation of Vision and Management Strategies
- Passenger Service Management
- Marketing and Airline Attraction
- Concept Design and Development of Commercial Facilities
- Aviation Security and Restricted Area Management
- Airside Operations Including Movement Areas
Investment Projects
- Equity Investment Projects
- Public-Private Partnership (PPP) Projects
- Build-Operate-Transfer (BOT), Build-Transfer-Operate (BTO) Projects
- Airport Commissioned Operation Projects
Inquiries
- Telephone : +082-32-741-2185, 2186
- Managing department : Business Overseas Team 1