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            september 17, 2019

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Incheon Airport looks to operate airports in Eastern Europe


Incheon International Airport Corp (IIAC) is looking to extend its airport operation activities to Poland and Czech Republic.
The move comes after the Incheon Airport operator won a bid recently to operate Kuwait's new Terminal 4 in a deal valued at KRW140 billion (US$128 million), marking its biggest overseas contract to date, reported The Korea Herald.
IIAC CEO Chung Il-young has just returned from a visit to the Warsaw Chopin Airport in Poland and the Vaclav Havel Airport Prague in the Czech Republic to promote the IIAC' s airport development and operations know-how to local government officials in the two countries.
Poland is currently pushing to develop a new airport by 2027 to boost capacity while the Czech Republic plans to invest KRW1.4 trillion by 2020 to expand its second domestic terminal and add a new runway, according to the IIAC.
In Poland, the IIAC has signed a memorandum of understanding with Prague International Airport Corp to carry out joint research on smart airport implementation and identifying solutions to deal with increasing air cargo.

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