State airport operator PT Angkasa Pura (AP) II says it will spend Rp 11.7 trillion (US$1.36 billion) to turn Soekarno-Hatta International Airport in Jakarta into a “world-class” airport by 2014.
Construction on the project would start early next year and likely be financed internally, AP II finance director Laurensius Manurung said.
“We will use AP II’s internal cash of around Rp 11.7 trillion and national banking [funds]. We could probably issue bonds as well,” Laurensius told a press conference during the project launch on Saturday.
AP II engineering operations director Salahudin Rafi said that the company would develop an environmentally-friendly airport with traditional Indonesian touches.
“The airport will be a modern airport with traditional flavors,” he said.
In the first stage, Salahudin said, AP II would expand the Terminal 3 building, followed by Terminals 1 and 2, which would be integrated.
The building will use a circular concept with green walls in between the access road separating Terminals 1 and 2 as well as glass on the building facade, according to Salahuddin, who said the airport would be transformed into an “aerotropolis”.
The airport would be equipped with enhanced facilities, including parking for 20,000 vehicles, a convention hall, a shopping center, recreational facilities, a hotel and a playground, he said.
AP II president director Tri S. Sunoko said that the expansion would be undertaken to anticipate the airports’ development for the next 20 years as the number of passengers it currently handles has exceeded capacity.
He told The Jakarta Post that the airport served 44.3 million passengers a year, above its capacity of 22 million passengers.
The airport serves 14 airlines domestically and 41 airlines internationally routes and recorded 30,800 flights in 2010.
Tri was upbeat that the airport would be able to accommodate 62 million passengers by 2018, earlier than a previous target of 2030.
He added that AP II would build a fourth terminal to boost the airport’s capacity to 87 million per year after the expansion was complete.
“We will rearrange the terminals’ functions once development is complete,” he said.