Focus Taiwan
Date:\ 03/20/2020
By: Lee Hsin-Yin

Taipei, March 20 (CNA) A project to build a third terminal at Taiwan Taoyuan International Airport has received a major budget boost of NT$16 billion (US$530 million), and is scheduled to be completed in 2026, the airport operator said Friday.

The company's board of directors agreed on a total budget of NT$95 billion for the project at a meeting on March 18, including NT$53.7 billion for the main terminal building, said Taiwan Taoyuan International Airport Co. (TIAC).

Construction of the main building is scheduled to be completed in 2025, with its northern and southern concourses finished in 2024 and 2026, respectively, according to TIAC.

That represents a significant delay for the project which started in 2017 and was initially scheduled to be operational by 2021, after several unsuccessful tenders due to low interest from local building contractors.    [FULL  STORY]